Ottawa deficit for year so far rises to $12.4B, posts $1.9B for November

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OTTAWA - The federal deficit increased by $1.9 billion in November, bringing the total for the first eight months of the current financial year to $12.5 billion. November's deficit was $300 million higher than the $1.6 billion shortfall recorded in the same month of 2011 but the accumulated deficit was $3 billion below the $15.5 billion in the first eight months of the previous financial year.

Geographic location: Ottawa

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