Category : Search result: Canada trade deficit


OCDSB's $20M deficit may take years to fix

Ottawa's largest school board faces a $20 million operating deficit. Supervisor Bob Plamondon says erasing the shortfall, driven by special education costs, could take more than a year. Learn the details.

Canada's U.S. export share hits record low

Canada's merchandise trade balance swung to a $583 million deficit in October 2025 as U.S. tariffs push export share to a record low outside pandemic. Read the full analysis.

Carney Heads to China for First PM-Xi Meeting in 8 Years

PM Mark Carney visits China to discuss trade and energy, navigating a delicate balance as Canada seeks to diversify exports while managing strained relations and ongoing U.S. dependence. Read the full analysis.

What's Changed in Canadian Trade for 2026?

As 2026 begins, Canada's trade sector faces pivotal shifts. Explore the evolving landscape, from port operations to policy, and understand what's at stake for the national economy.

Dairy Supply Management Hurts Canada's Trade Future

A small group of wealthy dairy farmers wields disproportionate power, sabotaging Canada's trade negotiations and economic potential, according to a recent analysis. Discover the impact on consumers and businesses.

Canada's Fiscal Deficit Grows 27% in 2025/26

Canada's federal budget deficit for the first seven months of the fiscal year widened sharply to C$18.37 billion, a 27% increase. Explore the details and implications for the economy.

Copper Hits Record High Above US$12,000 a Ton

Copper prices smash records, topping US$12,000 a ton. Driven by Trump's tariffs, severe mine outages, and a looming historic deficit, the rally defies a slowing Chinese economy. Discover the forces reshaping this critical metal's market.

Edmonton aims for balanced budget, repairs finances

Edmonton's city administration is working to eliminate structural budget deficits and rebuild its financial stabilization reserve after years of pandemic-related shortfalls. CFO Stacey Padbury outlines the plan for the next four-year budget cycle.

P.E.I. forecasts $367.4M deficit for 2025-2026

Prince Edward Island's government reports a projected deficit of $367.4 million for the 2025-2026 fiscal year. Explore the details and implications for the province's budget and public services.

U.S. Lists Demands for Canada to Extend CUSMA

U.S. Trade Representative Jamieson Greer outlines specific requirements Canada must meet to renew the critical trade pact. Learn the key conditions and potential impacts on bilateral trade.

N.L. Deficit Balloons to $948M, Up 51%

Newfoundland and Labrador's fiscal deficit has surged to $948 million, a 51% increase. Finance Minister Craig Pardy addressed the province's worsening financial outlook in St. John's.

Sask. adds $1B in spending without raising deficit

Saskatchewan's finance minister states a $1 billion increase in provincial spending will not affect the deficit, as revealed in the mid-year financial report. Get the details on the budget update.

Winnipeg forecasts $17.4 million deficit

The City of Winnipeg's latest financial report projects a $17.4 million deficit. Get the details on the forecast and what it means for municipal services.

King's College in N.S. reports $1.8-million deficit

The University of King's College in Halifax confronts a significant $1.8-million budget shortfall for 2025, attributing it to escalating operational expenses. Learn about the financial pressures facing the historic institution.

Edmonton grapples with $52-million budget hole

Edmonton confronts a $52.3 million structural budget deficit, threatening its financial reserves and city services. Officials warn of potential service cuts and fee increases.

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