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CTV News
3 days ago
- Business
- CTV News
Federal government posts $43 billion deficit between April '24 and March
The Peace Tower on Parliament Hill is pictured from the West Gate in Ottawa on Monday, May 6, 2024. THE CANADIAN PRESS/Sean Kilpatrick The federal government says it ran a budgetary deficit of $43.2 billion between April 2024 and this past March. The deficit compared with $50.9 billion for the same stretch in the 2023-2024 fiscal year. According to the Finance Department's monthly fiscal monitor, revenue for the 10-month period totalled $494.8 billion, up from $444.8 billion a year earlier. Program expenses excluding net actuarial losses amounted to $480.3 billion, up from $440.6 billion, boosted by increases across all major categories. Public debt charges totalled $53.7 billion, up from $47.5 billion. Net actuarial losses were $4.02 billion, down from $7.56 billion a year earlier. This report by The Canadian Press was first published May 30, 2025.


Washington Post
12-05-2025
- Business
- Washington Post
Amtech: Fiscal Q2 Earnings Snapshot
TEMPE, Ariz. — TEMPE, Ariz. — Amtech Systems Inc. (ASYS) on Monday reported a fiscal second-quarter loss of $31.8 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Tempe, Arizona-based company said it had a loss of $2.23. Losses, adjusted for asset impairment costs and non-recurring costs, were 16 cents per share.