10/30/2026
Canada’s monthly Fiscal Monitor reveals key insights on the government’s spending and revenues.
For April-August period of 2026-2027 fiscal year:
• Revenues totalled $215.5 billion, an increase of $14.4 billion or 7.1 per cent compared to the same period the previous year.
• Expenses totalled $220.9 billion, an increase of $8.6 billion or 4.1 per cent compared to the same period the previous year.
• This resulted in a federal budgetary deficit of $5.4 billion from April 2026 to August 2026, compared to a $11.1 billion federal budgetary deficit in the same period the previous year. The Spring Economic Update projected a federal deficit of $66.9 billion for fiscal 2025-26.
Learn more from the August Fiscal Monitor: https://ow.ly/Erik5102yGK