Federal government posts $3.62-billion surplus for April to June
OTTAWA – The federal government posted a budgetary surplus of $3.62 billion for the first three months of its 2023-24 fiscal year, compared with a surplus of $10.20 billion in the same period a year earlier.
In its fiscal monitor report, the Finance Department says revenues for the period totalled $110.58 billion, up from $107.88 billion a year earlier, largely reflecting higher personal income tax revenue, interest revenue and EI premium revenue. |Read more https://www.ctvnews.ca/politics/federal-government-posts-3-62-billion-surplus-for-april-to-june-1.6534746|
4 tornados confirmed as Michigan storms down trees and power lines; 5 people killed
CANTON TOWNSHIP, Mich. (AP) — At least four tornados touched down in Michigan as part of severe storms powered by strong winds that killed five people, while downing trees, tearing roofs off buildings and leaving hundreds of thousands of customers without power, officials said.
The National Weather Service on Friday confirmed that an EF-1 tornado with winds of 90 mph (145 kph) crossed from Ingham County into the western edge of adjacent Livingston County on Thursday night.
Two other EF-1 tornados were reported in Wayne County’s Belleville and south of Newport in Monroe County.
A weaker EF-0 tornado with peak winds of 80 mph (128 kph) was on the ground for less than two miles in Wayne County’s Canton Township, west of Detroit, the weather service said. That tornado caused a tree to fall into a house, said meteorologist Sara Schultz. |Read more https://apnews.com/article/severe-weather-michigan-flooding-7e25d5c3f4bda95febb48c4f96cf2202|