OTTAWA Ottawas: OTTAWA Ottawas finances got off to a rocky start in the current fiscal year, posting a $2.7-billion deficit that was nearly $1 billion more compared to the same period last year, according to The Chronicle Herald. The 2012-13 fiscal year ended with an estimated $25.9 billion shortfall for the government the first year Ottawa failed to make significant progress in reducing its deficit since the recession and The shortfall was larger than the $1.8-billion deficit recorded in the April and May period a year ago, the Finance Department reported Friday.
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27.7.13