Category : Search result: Ontario deficit


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.

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.

$3.9M to Restore Ontario Snowmobile Trail Network

The Ontario government is providing $3.9 million to restore 4,500 kilometres of snowmobile trails across the province, supporting winter tourism and recreation. Learn more about this key investment.

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.

Ontario Food Bank Use Hits Record High, Warns Report

Feed Ontario's 2025 Hunger Report reveals over 1 million people relied on food banks last year, signaling a looming crisis in homelessness, healthcare, and community stability. Immediate action is urged.

Snow warnings continue across southern Ontario

Southern Ontario faces ongoing snowfall with extended warnings and parking bans. Climatologist David Phillips forecasts continued snow tonight with rising temperatures tomorrow.

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.

B.C.'s $17B financial reversal under Premier Eby

B.C. Finance Minister Brenda Bailey's budget update reveals a dramatic $17 billion turnaround from surplus to deficit under Premier David Eby. Discover how day-to-day spending drives half the debt increase.

B.C. deficit projection lowered to $11.2 billion

British Columbia's financial outlook improves as quarterly tax revenues exceed expectations, reducing the projected deficit. Learn how this impacts provincial services and taxpayers.

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