The federal government posted a $3.9 billion deficit in the first two months of the fiscal year.
The result for the April-to-May period compared to a $1.5 billion surplus for the same stretch last year.
Revenues increased $6.5 billion, or 8.9 per cent, largely due to higher tax revenues.
The Finance Department says program expenses excluding net actuarial losses rose $10 billion, or 15.9 per cent.
Public debt charges increased $2.3 billion, or 33.8 per cent, due to higher interest rates.
Net actuarial losses fell $0.4 billion, or 23.2 per cent.
This report by The Canadian Press was first published July 26, 2024.
A Canadian warship on its first-ever Arctic patrol encountered a Chinese polar research vessel in the Bering Strait off Alaska earlier this month, as the Department of National Defence says global competitors are increasingly probing Canadian infrastructure and gathering intelligence in a warming Arctic.
British police say they have charged a 17-year-old with murder over a stabbing attack that killed three children in Southport, northwest England.
Khalid Sheikh Mohammed, accused as the main plotter in al Qaeda's Sept. 11, 2001, attacks on the United States, has agreed to plead guilty, the U.S. Defense Department said Wednesday, pointing to a long-delayed resolution in an attack that altered the course of the United States and much of the Middle East.
RCMP say a father and son who were arrested in Richmond Hill on terrorism charges last week were 'in the advanced stages of planning a serious violent attack in Toronto.'
Canada's women's soccer team has advanced to the quarterfinals after defeating Colombia 1-0 in a do-or-die match at the 2024 Paris Olympics.
Donald Trump falsely suggested Kamala Harris had misled voters about her race as the former president appeared before the National Association of Black Journalists in Chicago Wednesday in an interview that quickly turned hostile.
With no jackpot winner to claim the $70-million Lotto Max prize, the total prize pool for the next draw swells to $95 million.
A 67-year-old man who planned to use a Jet Ski to smuggle more than 180 kilograms of fentanyl and methamphetamine into Canada was convicted in a Seattle courtroom Friday, after beachcombers found the drugs stashed in several duffel bags along the Washington state coastline.
The mother of Lea Thompson, who was murdered last summer in Kirkland Lake, says she’s still waiting to find out exactly what happened to her daughter.
Residents of a small B.C. community hit hard by a wildfire are beginning to get a first-hand look at the devastation left behind.
A landslide in B.C.'s Central Interior blocked a major tributary of the Fraser River overnight Tuesday, prompting evacuation orders, flood warnings and an emergency alert on Wednesday.
Blind protesters, accompanied by their guide dogs, demonstrated outside a Vancouver Cactus Club Café on Wednesday, demanding better treatment from the restaurant chain.
RCMP say a father and son who were arrested in Richmond Hill on terrorism charges last week were 'in the advanced stages of planning a serious violent attack in Toronto.'
CP24 has obtained video of police raiding a Scarborough home of a father and son who were allegedly planning a 'serious violent attack in Toronto.'
Police say human remains have been located during the search for a Markham, Ont. woman who went missing last week.
Calgary city council has approved a revised Green Line LRT that is shorter and will cost much more.
Police confirm one person is dead in the aftermath of a motor-vehicle collision in southeast Calgary.
Another major company is increasing its footprint in Western Canada with a step into Alberta.
Saslove's Meat Market, one of the ByWard Market's oldest businesses, has announced it will be shutting its doors.
There is an upcoming change in OC Transpo's leadership team this fall, the City of Ottawa says.
Renovictions are on the rise, but with skyrocketing rent prices, many have nowhere to go and now one Ottawa city councillor is teaming up to tackle the problem.
Quebec's French language minister tried to allay concerns about the health-care network Wednesday, insisting the anglophone community won't need to prove they're eligible to receive care in English.
Hydro-Quebec confirmed that a police investigation is underway after it was defrauded of almost half a million dollars earlier this month.
Swimmer Ilya Kharun has won a bronze medal for Canada in the men's 200-metre butterfly on Wednesday at the Olympic Games in Paris.
The Jasper wildfire remained out of control and fire behaviour was increasing on Wednesday as the weather got hotter.
You can now order your weed and your munchies on the same app.
The city councillor for neighbourhoods south of the Edmonton Exhibition Grounds says residents can expect a stronger parking enforcement presence this long weekend for Edmonton's largest outdoor festival.
Four days have passed since two gunmen opened fire into a crowd of men, women, and children at the annual Africville reunion. Despite ongoing investigations, no arrests have been made.
The Nova Scotia RCMP has charged a 36-year-old Tennecape man for allegedly submitting hundreds of false insurance claims in 2022.
A new study by a Halifax-based scientist is examining the critically-endangered North Atlantic right whale population and the challenges the species faces to grow its numbers.
Nearly three months after they were forced out of their home, former Birchwood Terrace tenants are being allowed back in this week to get the belongings they had to leave behind.
The province is going to start spraying for mosquitoes in the City of Winkler as there is evidence of mosquitoes being infected with the West Nile virus.
The Assiniboine Park Conservancy is asking the city to find a new home for a religious monument engraved with the 10 Commandments over concerns it could make the park less welcoming.
A Regina woman found herself in a scary situation while on a walk last Tuesday, when three large dogs became aggressive towards her and her dog in the Lakeview neighbourhood.
One man from Yorkton, a man from Ontario and another from Quebec are all facing several charges following an investigation into drug trafficking and kidnapping in the Yorkton area where a man was found severely injured and confined in a barn.
Two people are dead after a motorcycle collided with a cow on Highway 35 near Hendon, Sask. Tuesday night, RCMP say.
Concerns have been raised about the names on a Second World War monument at an Estonian summer camp in Elora, Ont.
RCMP say a father and son who were arrested in Richmond Hill on terrorism charges last week were 'in the advanced stages of planning a serious violent attack in Toronto.'
Helen Stoumbos, a former member of Canadian women’s soccer team, worries about the long-term perception of her sport.
A quiet community north of Saskatoon is reeling after a family pet was shot and killed on Friday evening in an apparent random incident that has left residents in the village of St. Louis shocked.
Saskatchewan’s privacy commissioner is taking aim at the province’s health authority over the use of "do not hire lists" among its recruiters.
The Agricultural Producers Association of Saskatchewan (APAS) is calling on all parties involved in Canada’s two major railways to ensure operations continue.
Northern Tornadoes Project has confirmed that a funnel cloud that was spotted Tuesday night near Little Current was a tornado. It was spotted by a number of witnesses before 4pm in the afternoon.
The mother of Lea Thompson, who was murdered last summer in Kirkland Lake, says she’s still waiting to find out exactly what happened to her daughter.
A 92-year-old pedestrian was killed by flying debris from a two-vehicle crash at a busy downtown Sudbury intersection Wednesday morning.
Huron OPP were on the beach in Goderich this afternoon following reports of an unconscious person in the water near the pier.
An expected guilty plea turned into a change of heart for the accused at Simcoe's Courthouse on Wednesday. It means the case against 35-year-old Nicholas Burtch of Norfolk County will now go to trial.
The race to replace outgoing Elgin-Middlesex-London MP Karen Vecchio is starting. Andrew Lawton posted on social media that he will run for the nomination.
The search for a missing elderly man from Midland Ont., has ended.
OPP destroyed over five hundred marijuana plants in an illegal grow operation at a farm in Springwater Township Ont.
Tiny Township's residents protested in front of the current town hall on Wednesday, demanding a halt to the construction of a new town administration building.
A 16 year old from Tilbury has been pronounced dead after OPP received reports of a person in distress in Lake St. Clair.
The City of Windsor has received more than 12 dozen complaints from residents about vacant homes since launching a tax program to address the issue four months ago.
In spite of a heat warning from Environment Canada and the Windsor-Essex County Health Unit, the city’s youngest residents were out Wednesday enjoying summer.
A Canadian warship on its first-ever Arctic patrol encountered a Chinese polar research vessel in the Bering Strait off Alaska earlier this month, as the Department of National Defence says global competitors are increasingly probing Canadian infrastructure and gathering intelligence in a warming Arctic.
A 67-year-old man who planned to use a Jet Ski to smuggle more than 180 kilograms of fentanyl and methamphetamine into Canada was convicted in a Seattle courtroom Friday, after beachcombers found the drugs stashed in several duffel bags along the Washington state coastline.
Residents of a small B.C. community hit hard by a wildfire are beginning to get a first-hand look at the devastation left behind.
A British Columbia co-operative that has been selling and promoting the province's fruit for the last 88 years is shutting down.
Police in the British Columbia Interior say a missing father and his four young children have been found safe after the man failed to surrender the children to their mother, in violation of a court order.
A Kamloops Mountie has been charged with assault and mischief in connection to an incident that occurred last summer, Crown prosecutors announced Wednesday.
Jarrett Burney extended his hitting streak to nine games Tuesday, leading the Okotoks Dawgs to a 9-7 victory over Lethbridge Tuesday night at Seaman Stadium.
Lethbridge police have located a missing woman.
Jurors deciding the fate of two men accused of conspiring to murder police at the Coutts, Alta., border crossing were urged by a judge Wednesday to block out background noise in the high-profile case.
Summer typically brings more traffic to downtowns, but significant construction is causing the opposite effect in Sault Ste. Marie.
With the arena in Elliot Lake still under repair, the Kraft Hockeyville preseason game will be held in Greater Sudbury this fall.
A 61-year-old who was already on probation is in more trouble after Manitoulin Ontario Provincial Police arrived at their residence and found them riding an ATV.
A 59-year-old man from Ontario has been charged with animal cruelty after police found 19 dead dogs at a home in eastern Newfoundland this week.
The chair of the board of regents at Memorial University in Newfoundland and Labrador has been asked to take privacy training after he forwarded an alumnus's pro-Palestinian campaign email to her father.
Newfoundland and Labrador Premier Andrew Furey gave a special gift to David Tiller, one of seven fishermen who survived 48 hours on a life raft in the Atlantic Ocean.
One golf course, two men, 12 hours and 333 holes of golf played. That's how the 13th annual Marathon Monday shaped up for Patrick Law and Dylan Thornborough, which ended up being an unofficial world record.
A woman who lives east of Montreal in Repentigny came home to a pool party on Sunday after a family of five had rented it on the Swimply app without the consent of the homeowner.
A CFL fan has unofficially broken the world record for watching CFL home games at all nine of Canada’s stadiums in the shortest amount of time.
The Anne Murray Centre in Springhill, N.S., marked its 35th anniversary over the weekend drawing dozens to the event from around the globe.
Imani Nadir says she looked high and low for a hairdresser when she moved to Montreal in 2022. Finally, after six months of making calls and sending emails, the 20-year-old came across Two Horses, a Montreal hair salon offering specialized services to women who wear face or head coverings.
As fire threatened people in Jasper National Park, Colleen Knull sprung into action.
Video posted to social media on Thursday morning appears to show the charred remains of a Jasper, Alta., neighbourhood.
A Saskatchewan-born veteran of the Second World War was recently presented with France's highest national order.
A local First Nations elder and veteran is helping to bring the Ojibwe language to a well-known film for the first time.
A Canadian warship on its first-ever Arctic patrol encountered a Chinese polar research vessel in the Bering Strait off Alaska earlier this month, as the Department of National Defence says global competitors are increasingly probing Canadian infrastructure and gathering intelligence in a warming Arctic.
Federal Minister of Energy and Natural Resources Jonathan Wilkinson announced a $300-million commitment to a clean hydrogen alliance with Germany that has been in place for nearly two years during a visit to Port Hawkesbury, N.S., on Wednesday.
Two witnesses stormed out of a parliamentary committee meeting Wednesday, after Liberals tried to steer a planned discussion about violence against women towards the topic of abortion rights.
In the wake of U.S. warnings about ground cinnamon products, Canada says it is monitoring the situation and doesn't believe any products are affected in the country.
Babies who have a peanut allergy are now being offered potentially life-changing treatment at hospitals across Australia in a world-first program aimed at building tolerance to them.
Ontario is officially ending its COVID-19 wastewater surveillance program today in a move some public health experts call shortsighted.
It was a memorable day for many near the Bay of Fundy Monday when a Mola mola found its way to the Parrsboro Harbour in Nova Scotia.
A global Microsoft Azure outage that impacted a range of services for consumers Tuesday — from reports of stalling Outlook emails to trouble ordering on Starbucks’ mobile app — was triggered by distributed denial of service cyberattack, according to the tech giant.
Canadian organizations embroiled in data breaches wind up paying an average $6.32 million to resolve the incidents, a new study from IBM says.
Carrie Underwood is returning to her roots. The former “American Idol” winner will join the singing competition as a judge in the new season, according to a source close to the show.
The death of a Calgary woman almost a decade ago is the focus of a new episode of 'Unsolved Mysteries.'
As a gay youth growing up in central France, Hugo Bardin never felt he lived in a world that represented who he was — a world in which he had a place.
As of June, Ottawa has only built 1,593 homes out of its target goal of 12,583 homes, according to the most recent data available from the Ontario government.
New mortgage rules from the federal government taking effect Thursday won't 'move the needle,' according to some experts in the housing industry.
Spin Master Corp.'s chief executive is optimistic the year will end on a high note for the toy market, despite shoppers sticking with their deal-hunting behaviours.
A cat that went missing in Toronto back in 2011 has finally been reunited with its owner.
With no jackpot winner to claim the $70-million Lotto Max prize, the total prize pool for the next draw swells to $95 million.
Venice will limit the size of tourist parties to 25 people from Thursday in the latest attempt to reduce the impact of crowds on the lagoon city.
China's anti-doping agency has accused the New York Times of politicizing doping issues and said the publication was trying to "affect the psychology" of Chinese athletes at the Paris Olympics.
Simone Biles has seemingly clapped back at criticism from former teammate MyKayla Skinner following the U.S. gymnastics team’s victory at the Paris Olympics on Tuesday.
When Canada's women's soccer team was stripped of six points by FIFA for its involvement in a drone spying scandal, the players rallied around a cry of "take away six (points), we go get nine."
Toyota reported Wednesday more cases of cheating on certification tests for new models required by the Japanese government, on top of those acknowledged earlier.
Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the company's 'Full Self Driving' system at the time of the crash.
Drivers in Saskatoon have been hit with unwelcome news as gas prices soared to $1.68 per litre this week. The increase is not limited to Saskatoon; drivers throughout western Canada have experienced similar hikes.
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