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16:05 GMT – [CANADIAN BUDGET BALANCE] The finance department reports that the
budget was in deficit in September by C$ 3.92 bln, down from C$ 4.97 bln a
year ago. Revenues were up 13.1% y/y, while outlays were up 3.1%. The
fiscal-year-to-date balance is a deficit of C$ 17.44 bln vs a deficit of
C$ 28.64 bln a year ago. The finance department reports that about C$ 9 bln
of the year-to-date deficit is the result of stimulus efforts, which
implies that the deficit on the rest of the budget (ignoring dynamic
effects) is roughly C$ 8.4 bln. The government anticipates a C$ 55.6 bln
full-year deficit
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