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.

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

SASKATOON, Saskatchewan, Dec. 18 (UPI) -- Canada's under-the-gun finance minister announced Thursday he has appointed 11 people to help him craft a federal budget, each of whom will be paid $1.

OTTAWA, Dec. 15 (UPI) -- Cooperation in crafting the Canadian Conservative party's budget is contingent on the release of economic data, senior Liberals said in Ottawa Monday.