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Placeline/People
City Ottawa
State Province Ontario
Country Canada

Parliamentary budget watchdog forecasts sharp rise in deficit to $68.5B this year

Ottawa's fiscal watchdog Jason Jacques projects the federal government will post an annual deficit of $68.5 billion this year, up from $51.7 billion last year. Here's everything you need to know about the fall budget. (Sept. 25, 2025) 
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Source name: 
The Canadian Press
Unique identifier: CP175067192 
Legacy Identifier: n_PBO-Outlook20250925T1625 
Type: Video 
Duration: 2m54s 
Dimensions: 1920px × 1080px     165.51 MB 
Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
Create Date: 9/25/2025 4:25:00 PM 
Display aspect ratio: 16:9 
Tags
budget
Conservative leader
economy
finance
finance minister
Francois-Phillippe Champagne
government budget
news
Ottawa
outlook
parliamentary budget
PBO
Pierre Poilievre
Poilievre
politics
Question Period
Report
spending