Investing.com - Financial Markets Worldwide
⭐ Start off 2025 with a powerful boost to your portfolio: January’s freshest AI-picked stocksUnlock stocks

Canada posts budget surplus at start of fiscal year

Published 2015-07-22, 09:29 a/m
© Reuters. Canada posts budget surplus at start of fiscal year
GM
-

OTTAWA, July 22 (Reuters) - The Canadian government had a
budget surplus in the first two months of the fiscal year on
increased revenues and gains from the sale of the government's
holdings in General Motors (NYSE:GM) GM.N , the finance department said
on Wednesday.
The surplus in April was C$2.54 billion ($1.95 billion),
compared to a deficit of C$1.41 billion in April 2014, while
May's surplus was C$1.40 billion, up from C$267 million the year
before.
For the 2015-16 fiscal year that started in April, the
government had a surplus of C$3.95 billion.
($1 = 1.3036 Canadian dollars)

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.