Feds On Track To Run $1B Deficit: PBO

OTTAWA - The Bank of Canada's latest economic forecast puts the federal government on track to run a $1-billion deficit in 2015-16, casting doubt on the governing Conservatives' promise to balance the...

Federal Deficit Keeps Shrinking

OTTAWA - Ottawa ran a deficit of $3 billion in March compared with a deficit of nearly $6.7 billion in the same month last year as federal government revenue outpaced increased spending.In its fiscal...
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Trade Deficit Hits Record High

OTTAWA - Canada's trade deficit grew to a record $3 billion for March as the drop in oil prices weighed on exports, Statistics Canada said Tuesday, but economists suggested things may pick up."Canada'...