OTTAWA, Sept. 11 (UPI) -- Canada's budget deficit was adjusted upward to $55.9 billion this year, but can be trimmed by $50 billion in five years, Finance Minister Jim Flaherty said.

OTTAWA, Sept. 5 (UPI) -- Canadian Finance Minister Jim Flaherty says he hopes to present a plan that will return the Ottawa government to a balanced budget.

OTTAWA, May 28 (UPI) -- News that Canada's deficit was higher than forecast has heated up Parliamentary debate in Ottawa, with opposition calls for the finance minister to resign.

OTTAWA, May 27 (UPI) -- Canada's Conservative finance minister said the country's deficit has topped $50 billion, some $16 billion more than he forecast four months ago.

TORONTO, May 21 (UPI) -- Canada's Conservative finance minister Thursday announced new regulations for credit card issuers, but stopped short of interest rate caps.

OTTAWA, March 10 (UPI) -- Canada's federal finance minister told the senate Tuesday to skip academic exercises and pass the federal budget before considering a March break.

VANCOUVER, British Columbia, Feb. 27 (UPI) -- Canadian Prime Minister Stephen Harper asked Parliament to let him bypass normal approvals to speed the release of $3 billion in stimulus spending.

TORONTO, Jan. 28 (UPI) -- Canada's pending budget released Tuesday by the minority Conservative government was met with 50 percent public approval in a poll published Wednesday.

OTTAWA, Jan. 28 (UPI) -- Canadian Liberal leader Michael Ignatieff said Wednesday he would support the minority Conservative budget, but only with accountability amendments.