OTTAWA — The federal government posted a deficit of $5.36 billion for the first five months of its 2026-27 fiscal year.
In its monthly fiscal monitor report, the Finance Department says the result compared with a deficit of $11.07 billion in the same April-to-August period a year earlier.
Ok, can you explain away the >200B they will be on the hook to pay back over the next 2 years?
Is that debt they are paying back, or is that shit they bought and are going to be contractually obligated to pay over thr 2 years?
Either way completely different than the paper loss