 April-Oct deficit C174 million vs C72.25 billion a year agoCanada has essentially run a balanced budget from April to October, though thats not expected to last. Oil and gas revenues are a big part of the rebound in the fiscal situation but with rates rising, financing costs will start to bite. Overall though, Canadas fiscal situation is better than almost anywhere and is one of the few AAA-rated countries in the world. This article was written by Ad... 