Category : Search result: state deficit


State Dept Lawyers Fear Retaliation, Undermining Legal Role

A culture of fear has gripped the State Department's legal office, with staff afraid to give candid advice. This erosion of independent legal counsel raises alarms about U.S. foreign policy and international law compliance.

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.

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.

Stefanik Accuses Johnson of Lying Over Defense Bill

Rep. Elise Stefanik publicly accused House Speaker Mike Johnson of dishonesty after her 'deep state' provision was excluded from a defense policy bill. The clash highlights GOP internal divisions.

Pope Calls for Palestinian State, Criticizes Israel

Pope Leo, speaking en route to Lebanon, insists a Palestinian state is the only viable solution to the Israel-Palestine conflict, while also criticizing Israel's Gaza campaign. Read his full statement.

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.

Russians skeptical about state-backed messenger

Russian citizens voice distrust in government-supported messaging platform despite official promotion. Concerns about digital privacy and forced adoption spark public skepticism.

U.S. Alarmed by Canada's Mass Migration Policies

The U.S. State Department issues a directive for ambassadors to address mass migration concerns with allies like Canada, citing public safety and economic risks. Learn about the specific issues raised.

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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