Ottawa posts $21.7 billion deficit, April-to-December

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The result is compared to a deficit of 23.6 billion dollars for the same period in the previous year.

According to the monthly financial screen of the Ministry of Finance, the total revenues of the nine -month period amounted to 355.6 billion dollars, an increase of approximately 318.1 billion dollars in the previous year, which is strengthened by gains in all categories.

The expenses of the program, with the exception of net actuarial losses, amounted to 333.2 billion dollars, an increase of about $ 301 billion, supported by an increase in all major categories, including direct program expenses and major transfers for people.

The total public debt fee was 41.1 billion dollars, an increase of 35.1 billion dollars.

The net shoulder losses amounted to 3 billion dollars, a decrease of $ 5.7 billion a year ago.