
Data Desk|Canada
PBO June 2026: ~$72B deficit, debt-service climbing, fiscal-anchor odds near zero
The Parliamentary Budget Officer’s 4 June 2026 Economic and Fiscal Outlook projects the deficit rising from $36.3 billion (2024–25) to $72.0 billion (2025–26), with debt-service reaching 13.1% of revenues and under a 1% chance the deficit/GDP ratio declines every year through 2030–31.
