Ottawa Runs Budgetary Deficit of $18.4 Billion for April-to-October Period

The Peace Tower on Parliament Hill in Ottawa, is pictured from Gatineau, Que., on Dec. 9, 2025. The Canadian Press/Sean KilpatrickThe federal government ran a budgetary deficit of $18.4 billion for its April-to-October period.The result compared with a deficit of $14.5 billion for the same period a year earlier, according to the Finance Department’s monthly fiscal monitor report.