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.
Winnipeg Transit will provide complimentary service on December 31st to encourage safe celebrations. Plan your ride home and enjoy the festivities responsibly.
Interim Parliamentary Budget Officer Jason Jacques expresses regret for his strong criticism of federal fiscal management. Get the details on the Ottawa committee testimony and the context of his remarks.
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.
Experts argue Canada's federal budgets have become unwieldy, burying key numbers in hundreds of pages of fluff. They call for a return to short, transparent documents for better accountability.
Merriam-Webster's 2025 Word of the Year is 'slop,' now defined as low-quality, mass-produced AI content. Discover the cultural shift behind this choice.
Montreal's STM will extend Green, Orange, and Yellow Line service until 3 a.m. on Dec. 31. Plan your safe ride home from celebrations with our detailed schedule guide.
Columnist Franco Terrazzano outlines a satirical five-step plan for creative government accounting, critiquing fiscal strategies under PM Mark Carney. Read the analysis.
Canada's largest lenders set aside 15% more for bonuses in fiscal 2025, driven by busy capital markets and trading. Discover which banks led the increase and the factors behind the surge.
Citigroup forecasts the STOXX 600 index will reach 640 by the end of 2026, citing supportive fiscal policies as a key driver. Get the full analysis and market implications.
Edmonton's Ice District Plaza will ring in 2026 with a headline concert by major Canadian music stars. Get details on the performers and event for this premier Alberta celebration.
The Saskatchewan government has announced an additional $1 billion in new spending. Get the details on where the funds are allocated and the provincial fiscal outlook.
Waterloo Regional Police are asking for the public's help to locate 11-year-old Angel, last seen in Kitchener on December 2, 2025. Anyone with information is urged to contact authorities immediately.
Edmonton's GivingTuesday campaign spotlights local charities like the Kids Kottage Foundation, urging community support to help them reach critical annual fundraising targets. Learn how you can contribute.
Canada's fiscal watchdog says Ottawa should seek House of Commons approval to alter key fiscal targets, like the recently abandoned debt-to-GDP anchor. Read the latest on federal spending.
Canada's interim parliamentary budget officer, Jason Jacques, reversed his 'cliff' warning after reviewing Budget 2025, now deeming federal finances sustainable. Read the full analysis.
Prince Albert police are investigating the shooting death of a 16-year-old girl as a homicide. Authorities are seeking information as the investigation unfolds.
Barrie replaces its long-running 'Downtown Countdown' with a new family-friendly New Year's Eve celebration for 2026. Discover the details of the city's fresh start.
Tax expert Kim Moody warns that ignoring fiscal reality and using deceptive accounting could force future tax hikes on Canadians. Read the analysis of the 2025 Public Accounts.
A Regina man has been sentenced to a decade in prison for a 2023 homicide. The victim's father, described as grief-stricken, addressed the court. Read the full details of the sentencing.
University of Waterloo assistant coach Rob McMurren earns OUA's top assistant honour after decades of mentoring local athletes. Read about his career and impact.
Nova Scotia launches a new five-year tourism plan aiming for a $5 billion industry by focusing on year-round travel. Learn how the province plans to achieve this ambitious goal.
Italy's Politecnico di Milano opens its 163rd academic year, championing scientific diplomacy, European collaboration, and critical thinking in a polarized world. Read about its new strategic vision.
Mike McIntosh of Bear With Us Sanctuary in Sprucedale, Ontario, earns top honours as 2025's Wildlife Rehabber of the Year for his dedicated work in bear rehabilitation and conservation.
Edmonton Transit Service reminds riders that paper transit tickets must be used by December 31, 2025. Plan your trips to avoid losing unused fares.
Financial Post columnist Garry Marr explains how robust stock markets and employed children create unexpected tax-planning challenges for RESP withdrawals as the December 31 deadline approaches.
Oxford University Press names 'rage bait' its 2025 Word of the Year, defining the provocative online content designed to fuel anger and social media traffic. Discover the other contenders.
Discover ōsōji, Japan's centuries-old year-end deep cleaning tradition. Learn its history, spiritual significance, and how it offers a mindful reset for the new year.