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submitted 4 days ago by quanin@lemmy.ca to c/canada@lemmy.ca

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.

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[-] Reannlegge@lemmy.ca 7 points 4 days ago* (last edited 4 days 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.ca 6 points 4 days ago

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

I read the headline the same way you did at first, but this article is about the federal government's deficit, not Canada Post.

[-] Reannlegge@lemmy.ca 4 points 4 days ago

Thank you. I am laughing at myself right now.

[-] smorks@lemmy.ca 2 points 1 day ago

I also read it that way until I read the comments... haha

[-] tooq@piefed.ca 5 points 4 days 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).

this post was submitted on 31 Oct 2026
45 points (95.9% liked)

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