Economic Indicators

Canada records C$6.44 billion budget deficit in first 10 months of 2022-23

2023.03.28 16:28


© Reuters. FILE PHOTO: People use the self checkout at a supermarket in Ottawa, Ontario, Canada , March 27, 2023. REUTERS/Patrick Doyle

OTTAWA, March 28 (Reuters) Canada recorded a budget deficit of C$6.44 billion in the first 10 months of 2022-2023 fiscal year, the finance ministry said on Tuesday.

In the same period last year, it recorded a deficit of C$75.29 billion.

In January, the budget deficit was C$906 million, compared with a deficit of C$5.18 billion in January, 2022.

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