Home / Market Update / Canada Records CAD 148.6 B Deficit in Four Months

Canada Records CAD 148.6 B Deficit in Four Months

Canada recorded a budget deficit of CAD 148.58 billion ($110.8 billion) during the first four months of fiscal year 2020/2021, compared with CAD 1.56 billion for the same period a year earlier, data showed on Friday.

Check Also

Gold Jumps Above $4,100 After Weak US Jobs Report Fuels Fed Rate Cut Hopes

The disappointing US payrolls data sends the dollar lower and boosts safe-haven demand. Gold rallied …