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Federal deficit could rise to $68.5B: budget watchdog
Posted
September 25, 2025
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September 25, 2025
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0:52Now PlayingThe parliamentary budget officer projects the federal government will post an annual deficit of $68.5 billion this year, up from $51.7 billion last year.
The projection, however, doesn’t factor in Ottawa’s plans for more defence spending or its plans to cut public spending over the next three years.
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