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

Is China Withdrawing From US Treasuries?

While Chinese investors are increasingly diversifying away from US Treasuries toward European and other assets, …