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Yahoo
30-05-2025
- Business
- Yahoo
Canada 2024/25 budget deficit narrows to C$43.15 billion
OTTAWA, May 30 (Reuters) - Canada's budget deficit for the 2024/25 fiscal year narrowed to C$43.15 billion ($31.28 billion) as government revenues grew faster than expenditure, the finance ministry said on Friday. By comparison, the deficit in the same period a year earlier had been C$50.93 billion, it said in a statement. Program expenses rose 9% on increases across all major categories of spending. Public debt charges increased by 13% largely because of higher average effective rates on the outstanding stock of marketable bonds, as well as an increase in the stock of marketable bonds. Year-to-date revenues grew by 11.3%, largely reflecting higher personal income tax revenue and revenue from other taxes and duties. On a monthly basis, Canada posted a deficit of C$23.88 billion in March, compared to a C$33.59 billion deficit in March 2024. ($1 = 1.3796 Canadian dollars) ((Reuters Ottawa bureau; Keywords: CANADA BUDGET/ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
02-05-2025
- Politics
- Reuters
Canadian PM Carney says he will meet Trump in DC next Tuesday
OTTAWA, May 2 (Reuters) - Canadian Prime Minister Mark Carney on Friday told reporters he would meet U.S. President Donald Trump in Washington next Tuesday. (Reporting by David Ljunggren, editing by Caroline Stauffer) ((Reuters Ottawa bureau; opens new tab)) Keywords: CANADA POLITICS/
Reuters
30-04-2025
- Business
- Reuters
Canada economy down 0.2% in February, most likely up 0.1% in March
OTTAWA, April 30 (Reuters) - The Canadian economy contracted by 0.2% in February, on decreases in mining, quarrying, and oil and gas extraction, as well as transportation and warehousing, Statistics Canada said on Wednesday. March GDP was most likely up 0.1%, while first quarter GDP was likely up 1.5% on an annualized basis, the agency said in a flash estimate. The goods-producing sector was down 0.6% in February, while the service-producing sector declined by 0.1%. (Changes in percent) Feb Jan(rev) Jan(prev) Feb yr/yr All industries -0.2 +0.4 +0.4 +1.6 Goods -0.6 +1.1 +1.1 +1.2 Services -0.1 +0.1 +0.1 +1.7 NOTE - All figures are seasonally adjusted. Analysts in a Reuters survey had forecast February GDP to be flat. (Reporting by Dale Smith; Editing by Promit Mukherjee) (( opens new tab))
Cision Canada
29-04-2025
- Business
- Cision Canada
Thomson Reuters to Present at Barclays Americas Select Franchise Conference
TORONTO, April 29, 2025 /CNW/ -- Steve Hasker, President and CEO of Thomson Reuters (TSX/Nasdaq: TRI) will present at the Barclays Americas Select Franchise Conference on Tuesday May 6, 2025 at 10:45am BST. The presentation may include forward-looking information. A video replay will be available an hour following the presentation in the " Investor Relations" section of Thomson Reuters Thomson Reuters (TSX/Nasdaq: TRI) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news. For more information, visit CONTACTS MEDIA Gehna Singh Kareckas Senior Director, Corporate Affairs +1 613 979 4272 [email protected] INVESTORS Gary E. Bisbee, CFA Head of Investor Relations +1 646 540 3249 [email protected] SOURCE Thomson Reuters
Reuters
24-04-2025
- Automotive
- Reuters
Canada decides what happens to auto sector, not Trump, says Carney
PORT MOODY, British Columbia, April 24 (Reuters) - Prime Minister Mark Carney on Thursday dismissed Donald Trump's remarks about not wanting Canadian cars, reiterating that the U.S. President wanted to break Canada. "He said he doesn't want Canada to play any part in the North American auto industry. So, I will be equally clear: this is Canada - we decide what happens here," Carney he said in a speech in British Columbia ahead of Monday's general election. Trump told reporters on Wednesday that he did notwant Canadian cars and said a 25% tariff imposed on cars imported from Canada to the United States could go up. (Reporting by Promit Mukherjee, editing by David ljunggren) ((Reuters Ottawa editorial, opens new tab)) Keywords: CANADA POLITICS/TRUMP
