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Financial Post Top Stories • Jun 19, 2025

Federal deficit estimated to hit $46 billion in 2024-25: PBO

The projected shortfall for 2024-25 reflects increased government income primarily driven by gains in corporate tax collections and additional revenues from imposed tariffs.

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Globe and Mail Investing • Jun 11, 2025

Proposed GST rebate for first-time homebuyers could offer average relief of $27,000, PBO says

The government may incur an estimated $1.9 billion in expenses due to a tax incentive designed to provide substantial financial support to individuals purchasing their first home.

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