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.
Air Canada is finalizing plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over 'inflexible' wage demands, the country's largest airline said on Monday.
Former fashion mogul Peter Nygard is expected to be sentenced for his sexual assault convictions today, after multiple delays in the case that have stretched for months.
In a process nearly a year in the making, the Professional Women’s Hockey League on Monday unveiled the nicknames and logos for each of its six franchises entering its second season.
A federal trial is set to begin Monday over claims that supporters of former U.S. president Donald Trump threatened and harassed a Biden-Harris campaign bus in Texas four years ago, disrupting the campaign on the last day of early voting.
Wednesday marks 11 years since Sudbury teen Meagan Pilon was reported missing and police are appealing to the public again for information.
A man wanted for allegedly throwing scalding coffee on a baby in an unprovoked attack at a park in the northern Australian state of Queensland is now the subject of an international manhunt.
A young golden eagle attacked a toddler in Norway, clawing her so badly that she needed stitches, in what an ornithologist says is likely the bird's fourth such attack on humans in the past week.
Prime Minister Justin Trudeau may be bracing for an earful from his caucus when Liberal MPs gather in Nanaimo, B.C. today to plot their strategy for the coming election year.
Family and friends of the Gaudreau brothers will say goodbye at a private funeral service Monday.
An attempted break-in to a Metro Vancouver business was caught on camera this weekend, leaving the owner with a terrifying sense of déjà vu.
Air Canada is finalizing plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over 'inflexible' wage demands, the country's largest airline said on Monday.
The "volume and severity" of complaints against a B.C. condo owner for violating building bylaws were sufficient to justify hiring a lawyer to handle them, a tribunal has ruled, dismissing the man's bid to be let off the hook for $15,000 in legal fees.
Former fashion mogul Peter Nygard is expected to be sentenced for his sexual assault convictions today, after multiple delays in the case that have stretched for months.
A driver used an empty coat to simulate a passenger so she could use the high-occupancy vehicle (HOV) lane during rush-hour on the QEW, Ontario police say.
In a process nearly a year in the making, the Professional Women’s Hockey League on Monday unveiled the nicknames and logos for each of its six franchises entering its second season.
Family and friends of the Gaudreau brothers will say goodbye at a private funeral service Monday.
Airdrie RCMP are investigating after a 72-year-old man was struck and killed early Sunday morning.
After dipping below the threshold of unsustainable water usage for one day, Calgary is back up into the red area.
As tens of thousands of public servants return to the office for a minimum of three days a week this week, public service unions continue to oppose the federal government's new hybrid work policy.
Ottawa's professional women's hockey team will be called the Charge.
Ontario Provincial Police are investigating an anonymous threat targeting a school in Petawawa. Police say the school received an "anonymous threatening phone message" at approximately 8:30 a.m. Monday. Officers with the OPP Upper Ottawa Valley Detachment responded to the school.
Unions trying to organize at Amazon workplaces across Canada are facing a series of hurdles, including legal challenges and alleged anti-union tactics from the e-commerce giant.
The Professional Women’s Hockey League has unveiled long-awaited team names and logos for all six franchises.
A man in his 20s was the target of gunfire in Longueuil, on Montreal's South Shore.
Charred stumps and the remains of fire-ravaged trees still cover large tracts of land on the Jasper landscape, but life is returning quickly down below.
At the end of a side street in Slave Lake, Alta., Lynn Bowes looks at a grey job-site trailer with boarded-up windows and doors that once operated as her town's only homeless shelter.
Air Canada is finalizing plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over 'inflexible' wage demands, the country's largest airline said on Monday.
A former Halifax taxi driver who fled the country after being convicted of sexually assaulting a passenger has been extradited from Italy to Canada.
The IWK Foundation has received a $25-million donation from Myron and Berna Garron. It’s the largest donation the foundation has ever received and the single largest individual donation to health care in Atlantic Canada.
The New Brunswick Liberals got a jump on the province's coming fall election by officially launching their party's campaign on Sunday, saying they're focused on addressing affordability and improving the ailing health-care system.
Former fashion mogul Peter Nygard is expected to be sentenced for his sexual assault convictions today, after multiple delays in the case that have stretched for months.
Indigenous leaders came together Saturday to honour the life and legacy of Assembly of Manitoba Chiefs Grand Chief Cathy Merrick.
A cavalcade of teddy bears and the kids who love them made a return to Assiniboine Park Sunday.
Saskatchewan's Serious Incident Response (SIRT) is investigating after a man died as a result of police action on Ahtahkakoop Cree Nation.
Air Canada is finalizing plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over 'inflexible' wage demands, the country's largest airline said on Monday.
Regina's annual Queen City Marathon took place on Sunday, and it attracted quite the crowd. The start and finish line at the Conexus Arts Centre hosted people of all skill levels looking to try their hand at a race.
According to police, during a traffic stop in Waterloo, officers noticed firearms and ammunition inside the vehicle.
Faye Dzikewich continues to fight for answers for her 36-year-old son, who died after spending the night in an Ontario Provincial Police cell in Rockwood, Ont.
More than a dozen vehicles have been stolen from Cambridge since mid-August.
Saskatchewan's Serious Incident Response (SIRT) is investigating after a man died as a result of police action on Ahtahkakoop Cree Nation.
Online fundraisers have been launched to support the victims of an incident that saw a student set on fire at Evan Hardy Collegiate on Thursday.
Three years have gone by since the death of nine-year-old Baeleigh Maurice at the intersection of 33rd St. W. and Avenue G. Three years marked by court dates, committee meetings, and pleas to the city to improve safety conditions.
Wednesday marks 11 years since Sudbury teen Meagan Pilon was reported missing and police are appealing to the public again for information.
Ontario Provincial Police say a 54-year-old novice driver was travelling with drugs and without a required ignition interlock device or a qualified driver in the vehicle when it ended up in the ditch off Highway 11 last month, leading to multiple charges including impaired driving.
Another politician has added his voice to the call to have the timeline to build a new bridge in Little Current to connect Manitoulin Island to the mainland sped up.
Owen Sound police are searching for witnesses after a pedestrian was dragged by a vehicle.
Heather Appleton just renewed her passport for another ten years. “I’m not checking out yet,” said Appleton, 61, who has the incurable cancer, Multiple Myeloma.
Sarnia police officers have arrested two suspects after a break and enter investigation.
The City of Barrie's new-style garbage collection begins in 2025.
The Simcoe Muskoka United Way is creating a Home Relief Bank to help people stay in their homes.
Familiar faces were brought back together as more than a hundred CKVR alumni gathered at Donaleigh's Irish Public House Saturday night for a special reunion.
Windsor fire was on scene of a blaze at a former school on Norman Road Sunday afternoon.
One person has died following a collision Saturday night.
The Essex County OPP have laid charges following a single vehicle collision and car fire.
A 12-year-old collie was killed by three pit bulls in the B.C. Interior Sunday morning, according to authorities.
Prime Minister Justin Trudeau may be bracing for an earful from his caucus when Liberal MPs gather in Nanaimo, B.C. today to plot their strategy for the coming election year.
Air Canada is finalizing plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over 'inflexible' wage demands, the country's largest airline said on Monday.
A 12-year-old collie was killed by three pit bulls in the B.C. Interior Sunday morning, according to authorities.
Mounties in northwestern B.C. say they have arrested the suspect in a fatal shooting almost exactly a year after it occurred.
A man has now been charged for his alleged role in a hit-and-run that killed a teenager in Kelowna, B.C., last fall.
Rob Miyashiro was selected as the NDP candidate in Lethbridge-West Saturday to replace MLA Shannon Phillips.
It’s been just over a week since the federal government banned nicotine pouches from being sold anywhere other than a pharmacy.
A more inclusive and welcoming land acknowledgment has been released by the City of Lethbridge.
Wednesday marks 11 years since Sudbury teen Meagan Pilon was reported missing and police are appealing to the public again for information.
A Montreal-based power pop band with strong ties to northern Ontario is kicking off its new tour in North Bay at the end of the month followed by three other northern stops.
Another politician has added his voice to the call to have the timeline to build a new bridge in Little Current to connect Manitoulin Island to the mainland sped up.
A 16-year-old biennial event aimed at fostering business in the country's eastern Arctic and northern regions has been cancelled indefinitely as a dispute unfolds between Inuit in Canada and a Labrador group claiming to share their heritage.
Jim Lester’s farm hopped on the cow-cuddling trend in early August, and his time slots have been pretty well sold out ever since.
The federal government has temporarily paused parts of the newly reinstated commercial northern cod fishery off the east coast of Newfoundland as landings approach the seasonal limit.
Charred stumps and the remains of fire-ravaged trees still cover large tracts of land on the Jasper landscape, but life is returning quickly down below.
Mary Grace Rico is seeking help in getting treatment for a rare spinal condition.
Swimmer Nicholas Bennett and para canoeist Brianna Hennessy have been named Canada's flag-bearers for Sunday's closing ceremonies of the Paralympic Games in Paris.
Halifax resident Tucker Bottomley started feeling the painful effects of rheumatoid arthritis at the age of 21.
Roger Barker was looking forward to exchanging a book at one of the Little Free Libraries that had been erected in his neighbourhood, until he found it vandalized.
You never know what you might find in your doorbell camera footage...
Brenda Tremblay has been an avid gardener for the last 40 years, but this year’s harvest in Colpitts Settlement, N.B., is a tough nut to crack.
A group of seniors in Ontario is offering their time and experience as parents struggle to find reliable child care spaces.
Saskatchewan man Clyde Hall has been collecting and restoring antique farm equipment for five decades. He's now ready to part with his collection.
As tens of thousands of public servants return to the office for a minimum of three days a week this week, public service unions continue to oppose the federal government's new hybrid work policy.
Prime Minister Justin Trudeau may be bracing for an earful from his caucus when Liberal MPs gather in Nanaimo, B.C. today to plot their strategy for the coming election year.
The Bloc Québécois says its ready to wheel and deal with Prime Minister Justin Trudeau's party for support during confidence votes now that the Liberal government's confidence and supply agreement with the NDP has ended.
The Canadian Medical Association says there should be better tracking of health-care spending, following health-care agreements the federal government has signed with the provinces and territories.
It’s been just over a week since the federal government banned nicotine pouches from being sold anywhere other than a pharmacy.
Questions are being raised about the case of a 36-year-old Ontario woman who died of liver failure after she was rejected for a life-saving liver transplant after a medical review highlighted her prior alcohol use.
Apple's ubiquitous iPhone is about to break new ground with a shift into artificial intelligence that will do everything from smartening up its frequently dim-witted assistant Siri to creating customized emojis on the fly.
Huddling for safety in classrooms as gunfire rang out, students at Apalachee High School texted or called their parents to let them know what was happening and send what they thought could be their final messages. One student texted her mother to say she loved her, adding, 'I'm sorry I'm not the best daughter.'
Sweden's strong foraging culture could help determine how much radioactive fallout remains in the Scandinavian country, 38 years after the Chernobyl nuclear explosion.
'Shogun' won the most Emmys ever for a single season of a television series with 14 at the Creative Arts Emmy Awards on Sunday night, while 'The Bear' won seven including best guest actress in a comedy series for Jamie Lee Curtis.
A new Calgarian with a lengthy Bollywood resume is heading to the Toronto International Film Festival this week to promote his most recent film.
After 36 years of waiting, the juice is finally loose again in 'Beetlejuice Beetlejuice,' this time racking up US$110 million in its premiere weekend.
Air Canada is finalizing plans to suspend most of its operations, likely beginning Sunday, as talks with the pilot union are nearing an impasse over 'inflexible' wage demands, the country's largest airline said on Monday.
Alimentation Couche-Tard Inc. says it is 'disappointed' in a refusal of its takeover offer by the Japanese owner of 7-Eleven and remains focused on reaching a deal.
Apple's ubiquitous iPhone is about to break new ground with a shift into artificial intelligence that will do everything from smartening up its frequently dim-witted assistant Siri to creating customized emojis on the fly.
Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.
Do LGBTQ2S+ tourists have a green book-like system for staying safe while travelling in these politically precarious times? They don't have one. They have many.
It was the years-long cruise that was supposed to set sail, but saw its departure postponed… postponed… and postponed again.
Family and friends of the Gaudreau brothers will say goodbye at a private funeral service Monday.
Miami-Dade police said Sunday they will investigate why Dolphins wide receiver Tyreek Hill was handcuffed and placed facedown on a street by their officers after he was stopped for a traffic violation near Hard Rock Stadium on Sunday, hours before his team opened the NFL season.
Jannik Sinner beat Taylor Fritz 6-3, 6-4, 7-5 with a relentless baseline game to win the U.S. Open men’s championship on Sunday, less than three weeks after being exonerated in a doping case.
Nearly two-dozen drivers were caught in a speed trap outside a Vancouver elementary school on Thursday – as students were settling back into their daily routines.
Volvo Cars said on Wednesday that plug-in hybrids would continue to be a critical part of its profit growth plans over the next few years and that it would revamp its XC90 hybrid sports utility vehicle.
An Ontario man said he couldn't believe an electric car he bought three years ago for $20,000 would need a new battery at a cost of more than $33,000.
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