The median forecast in a survey of economists by the agency shows that Canada's budget deficit this fiscal year will reach 70 billion Canadian dollars (about 50.6 billion US dollars), accounting for more than 2% of gross domestic product (GDP). This figure is two-thirds higher than the government's forecast of 42 billion Canadian dollars in December last year. FXBus

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2025-09-16 02:00:30

The median forecast in a survey of economists by the agency shows that Canada's budget deficit this fiscal year will reach 70 billion Canadian dollars (about 50.6 billion US dollars), accounting for more than 2% of gross domestic product (GDP). This figure is two-thirds higher than the government's forecast of 42 billion Canadian dollars in December last year.

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