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Canada's deficit widens on increased benefits spending

23 Dec 2016 11:43 | Deepinder Loomba (Administrator)

The Canadian government posted a wider budget deficit in October compared to a year ago as increased spending on benefits for families and the unemployed offset higher revenue, the Finance Department said on Friday.

Canada saw a deficit of $1.53 billion in October, wider than the deficit of $940 million it saw in October 2015. Read More 

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