According to the report published by the Canadian finance ministry, Canada’s budget deficit dropped to C$1.21 billion in the first six months of the 2018-19 fiscal year from C$6.18 billion deficit in the same period a year earlier.
Key quotes (via Reuters)
“Revenues jumped by 8.8 percent in the April-September period, helped by a greater intake from taxes and employment insurance premiums.”
“In September, Canada ran a budget deficit of C$1.36 billion compared with a deficit of C$3.28 billion a year earlier.”
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