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.
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 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'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.
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.
Nova Scotia's deficit has reached $1.29 billion, driven by expenses outpacing revenue. Minister John Lohr delivered the final update on the 2025 budget. Learn the details.
An analysis of Ontario's finances reveals Premier Doug Ford's per-person spending and debt trajectory align closely with the Liberal era he once criticized as reckless. Explore the data.
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.
As California Governor Gavin Newsom prepares a presidential run, Victor Davis Hanson examines the state's challenges under his leadership, from high costs to crime. What platform will he use?
The Saskatchewan government will table The Compassionate Intervention Act, allowing involuntary treatment for severe addictions. The fall sitting concludes amid health and deficit pressures.
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.
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.
Alberta's government invoked the notwithstanding clause to end the teachers' strike, citing a $6.5 billion deficit and potential arbitration costs in the billions. Ministers defend the controversial move.
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.
Saskatchewan introduces The Response To Illicit Drugs Act, enabling citizens to take civil action against drug offenders. Learn about the new legislation and its implications.
Saskatchewan announces severe new penalties, including fines up to $1 million, for trafficking fentanyl and methamphetamine. Learn about the government's latest measures to combat the deadly drug crisis.
Edmonton City Council begins deliberations on a proposed $3.8 billion 2026 budget, which includes a 6.4% property tax increase to address infrastructure and population growth.
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.
Saskatchewan RCMP announce multiple arrests following a significant drug bust in northern Saskatchewan. Get the latest details on the police operation and charges.
The Canadian government reported a $16.1 billion budgetary deficit for the April-to-September period amid economic challenges. Get the latest fiscal update and analysis.
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.
British Columbia's financial outlook improves as quarterly tax revenues exceed expectations, reducing the projected deficit. Learn how this impacts provincial services and taxpayers.
Alberta's budget deficit remains at $6.4 billion according to the second quarter fiscal update. Finance Minister Nate Horner provides insights on provincial finances and economic outlook.
Prime Minister Mark Carney's first budget projects a $78.3-billion deficit, nearly double what the Trudeau government had planned. Discover the historical context and future implications for Canada.
Saskatchewan's provincial government reveals a $427 million deficit for 2025, citing unexpected wildfire and healthcare expenses. Learn how this impacts the province's financial outlook.
Nutrien moves forward with west coast terminal plans in Washington while Saskatchewan faces $427M deficit. Get the latest on Canadian agribusiness expansion.
Ottawa's largest school board faces a $20-million deficit and significant financial challenges, new director of education reveals. Learn how this impacts classrooms and what's next.
Quebec's finance minister has revised the province's deficit downward and announced tax breaks for workers and industries affected by U.S. tariffs, including $290M for agriculture.
Wisconsin Senator Ron Johnson opposes President Trump's proposal for $2,000 tariff dividend payments, warning about the growing U.S. deficit and calling the plan unaffordable.
Saskatchewan's budget surplus has turned into a $427 million deficit due to wildfire expenses and healthcare pressures. Learn how provincial finances shifted dramatically.
Ottawa-Carleton District School Board reports $5.4 million deficit for 2024-25 as provincial supervisor conducts financial review. Learn about the budget challenges facing public education.