Federal government posts $3.9B surplus for April-to-August period

Prime Minister Justin Trudeau looks on as Deputy Prime Minister and Finance Minister Chrystia Freeland speaks in Ottawa, Friday, Oct. 7, 2022. THE CANADIAN PRESS/Adrian Wyld

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OTTAWA - The federal government posted a surplus of $3.9 billion for the first five months of its 2022-23 fiscal year.

In its monthly fiscal monitor, the finance department says the result for the April-to-August period compared with a deficit of $57.2 billion for the same time last year.

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