Economic update projects Canada's deficit $11B lower | Page 896 | Unpublished
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Publication Date: April 28, 2026 - 17:48

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Economic update projects Canada's deficit $11B lower

April 28, 2026

The April update puts the 2025-26 deficit at $66.9 billion — $11.5 billion lower than the figure announced in the November budget. The federal government typically presents updates between its annual budgets to revise its fiscal projections and sprinkle in new spending initiatives.



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On Sunday, Mulroney said she told Ford that she has decided to "resign from Cabinet" on June 5 and will walk away from her York-Simcoe seat triggering a by-election. 
May 25, 2026 - 08:00 | Colin D’Mello | Global News - Ottawa
Mulroney was elected in 2018 as part of Premier Doug Ford's first government and has served in a number of cabinet portfolios, including her current roles as Treasury Board president and Francophone Minister. In a letter Monday announcing her decision, she cited a desire to start a new chapter.
May 25, 2026 - 07:54 | | CBC News - Ottawa