Federal government reports $25.5B deficit for its April-to-February period

Renovations of the Centre Block of Parliament Hill continue in Ottawa on Wednesday, April 22, 2026. THE CANADIAN PRESS/Sean Kilpatrick

OTTAWA - The federal government posted a budgetary deficit of $25.5 billion for the April-to-February period of its 2025-26 fiscal year.

In its monthly fiscal monitor, the Finance Department says the result compared with a deficit of $19.3 billion for the same period of 2024-25.

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