The consequence of this decline is that the government is likely to record a deficit in 2015 - 16. (3dpolicy.ca)
And, of course, these elected officials will have to do their part to mitigate tax increases as they work to level record deficits. (suffolktimes.timesreview.com)
For the first eleven months of fiscal year 2017 - 18, the federal government recorded a deficit of $ 5.6 billion, compared to a deficit of $ 11.5 billion for the same period in 2016 - 17 — an improvement of $ 5.9 billion. (3dpolicy.ca)