OTTAWA — The federal government posted a deficit of $5.36 billion for the first five months of its 2026-27 fiscal year.

In its monthly fiscal monitor report, the Finance Department says the result compared with a deficit of $11.07 billion in the same April-to-August period a year earlier.

  • Reannlegge@lemmy.ca
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    1 day ago

    They have plans to increase their budget, I know some of it is slowly starting but I think only one of them is a good idea.

    • Financial services: Build partnerships with financial service providers to offer selective retail banking services.
    • Canada Shops: Host an ecommerce platform to connect Canadian consumers with Canadian-owned and operated businesses.
    • Multi-channel advertising: Offer advertisers multi-channel advertising opportunities that reach physical and digital audiences.
    • New adjacent services: New potential adjacent services within our existing network include government services, support for peer-to-peer marketplaces, and products and services for small businesses. Additional opportunities will be identified, assessed and pursued where appropriate.

    I do a lot to avoid advertisments, because capatialism is horrible. I have a no ads sticker in my mailbox, so I only get political things and the occasional addressed to “home owner”/“resident” things. I have a finally tuned pihole, I use adguard and sponserblock for youtube, I have a very complex email setup that block ads, and if I could I would get rid of my mastercard (not that I see ads from it but because they can see where I shop the one tracker I cannot block). Canada Shops would be something I would like to see.

    *edit I misread the title of the article and jumped to conclusions, it is not about Canada Post.

    https://origin-www.canadapost.ca/cpc/en/our-company/financial-and-sustainability-reports/2025-annual-report/growth-and-innovation.page

    • quanin@lemmy.caOP
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      1 day ago

      I considered not telling you this is not an article about Canada Post. :)

    • tooq@piefed.ca
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      1 day ago

      I don’t need them to build another Shopify or some bullshit. Build a payment processor that doesn’t cost so much to use. Make it platform agnostic. You don’t help small businesses by kneecaping other small businesses (web developers).