Economic update projects Canada's deficit $11B lower | Unpublished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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