* September deficit narrows to C$2.69 bln
* April-Sept deficit C$8.9 bln vs yr-ago C$11.8 bln
OTTAWA Nov 30 Canada's federal budget deficit
dropped in the first six months of the fiscal year, falling to
C$8.9 billion ($9.0 billion) in April to September from a C$11.8
billion shortfall in the same period of last year, the
Department of Finance said on Friday.
The monthly deficit in September fell slightly to C$2.69
billion from C$2.75 billion in September 2011.
Revenues in the first six months of the fiscal year were up
by 2.8 percent, compared with the same period in 2011,
reflecting higher income tax revenues, excise taxes and duties,
the finance department said.
Program expenses rose by 1.4 percent, mainly due to higher
September revenues fell by 0.1 percent from September 2011
while program expenses increased by 0.6 percent. Public debt
charges fell by 7.6 percent.