The Finance Department's fiscal monitor has released data for the April-to-August period ahead of next week's federal budget.

The federal government posted a deficit of $11.1-billion for the April-to-August period of its 2025-26 fiscal year.

In its monthly fiscal monitor report, the Finance Department says the result compared with a deficit of $9.8-billion for the same period a year earlier.

Revenue for the five-month period totalled $201.2-billion compared with $196.3-billion for the same stretch a year earlier, helped by higher corporate and personal income tax revenue and higher customs import duties, partially offset by lower GST revenues.

Program expenses, excluding net actuarial losses, amounted to $187.2-billion, up from $179.8-billion a year earlier, as spending on elderly bene

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