Republican Senator Rejects Trump's $2,000 Tariff Checks
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.
Category : Search result: Canada budget deficit
Saskatchewan projects $427 million deficit
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 School Board Posts $5.4 Million Deficit
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.
Essex proposes 4.92% tax increase for 2026
Town of Essex reveals draft 2026 budget with 4.92% tax rate increase. Learn how this affects residents and what services will be impacted.
Canada Post Reports $541M Loss in Q3 2025
Canada Post faces staggering $541 million pre-tax loss in third quarter, marking unprecedented financial crisis for national mail service. Learn what's behind the massive deficit.
Ottawa Budget Ignores OC Transpo's Crippling Deficits
Ottawa's 2026 budget offers no solution for OC Transpo's unsustainable deficits, relying on uncertain provincial bailouts while transit faces $140M annual shortfalls.
Carney's Budget Shows Same Fiscal Traps as Trudeau
New research reveals Mark Carney's government may be repeating Justin Trudeau's fiscal forecasting errors. Learn how optimistic budgeting affects Canada's economy.
PBO: Low Chance Carney Govt Hits Fiscal Targets
Canada's budget watchdog reports a mere 7.5% probability the Carney government will achieve its key fiscal anchors, including reducing the deficit-to-GDP ratio. Read the analysis.
U.S. Trade Deficit Drops 24% as Tariffs Cut Imports
The U.S. trade deficit saw a dramatic 24% decline in August 2025 as Trump's tariffs reduced imports. Get the full analysis of economic impacts and market reactions.
Windsor-Essex school board re-elects chair
Gale Simko Hatfield re-elected as chair of Greater Essex County District School Board while addressing challenges including trustee resignations and financial deficits.
Conservatives Weigh Election Over Carney's $78B Deficit
Conservative leader Pierre Poilievre faces critical decision on triggering election to block Mark Carney's budget with $78 billion deficit. Analysis of political risks and policy opportunities.
PBO reveals Liberal budget accounting tricks
Parliamentary Budget Officer confirms $94B in Liberal 'capital investments' don't meet standard definitions, exposing fiscal manipulation in Carney's first budget.
Carney's accounting tricks fail to impress
Parliamentary Budget Officer finds Carney government's capital spending definition 'overly expansive' in new report. Read the full analysis of Canada's fiscal framework.
Liberal strategist reveals Carney budget negotiations
Liberal strategist discloses how last-minute negotiations shaped Mark Carney's inaugural budget. Get exclusive insights into the high-stakes political process.
Sault Ste. Marie Property Tax Up 5.39% for 2026
Sault Ste. Marie residents face a 5.39% property tax increase for 2026, driven by a significant rise in the police budget. Learn about the financial impact and where your tax dollars are going.
Carney's budget can't fix Trudeau's economic failures
Prime Minister Mark Carney's first budget attempts to address a decade of economic mismanagement under Justin Trudeau, but experts warn it won't solve Canada's productivity crisis.
U.S. to slash food tariffs, lower Swiss import fees
The Trump administration announces major tariff cuts on food items like coffee and bananas to address inflation, alongside new trade deals with Argentina, Ecuador, and El Salvador.
N.B. projects highest deficit in two decades at $834.7M
New Brunswick faces its largest budget deficit in two decades at $834.7 million. Learn how this impacts provincial finances and what it means for taxpayers.
Operating spending driving deeper deficits: PBO
Parliamentary Budget Officer reveals Ottawa's operational expenses, not capital investments, are primarily responsible for growing budget deficits. Learn the fiscal implications.
Fitch Warns of 'Slippery Slope' for Canada's Finances
Fitch Ratings maintains Canada's AA+ credit rating but warns of fiscal risks from rising deficits and debt. Learn about the agency's concerns and what it means for the economy.
Ottawa's 2026 Budget: 11 Cost Increases Revealed
Discover the 11 major cost increases in Ottawa's 2026 draft budget, including police funding and service fees. Learn how these changes will impact residents.
North Bay Hospital Cuts 40 Jobs, Union Plans Protest
Unionized workers at North Bay Regional Health Centre will protest Wednesday after hospital announces 40 position cuts to address $5.6 million deficit. Rally planned.
Ottawa Cuts 5,000 Public Service Jobs in 2024 Budget
The Canadian government reveals sweeping changes to the public service through strategic attrition and AI integration. Discover how the 2024 budget aims to balance fiscal responsibility with service delivery.
Vancouver Budget Cuts Arts & Planning Staff Positions
Vancouver's controversial budget proposal targets arts, culture, and planning departments with significant staff reductions, sparking concerns about the city's creative future.
Federal Budget Fails First Nations: AFN Chief
Assembly of First Nations National Chief Cindy Woodhouse Nepinak expresses deep disappointment with Canada's 2024 federal budget, calling it a failure to address critical infrastructure gaps and implement Jordan's Principle.
Freeland: Economic Overhaul Just Beginning Despite Deficit
Finance Minister Chrystia Freeland defends Canada's massive deficit spending, promising more ambitious economic reforms focused on boosting competition and supporting middle-class Canadians.
Canada's 2025 Budget: The Good, Bad & Ugly
An in-depth analysis of Canada's 2025 federal budget reveals winners and losers as new taxes, housing measures, and economic policies reshape the financial landscape for Canadians.
Ontario deficit drops $1B amid US tariff fight
Ontario's financial deficit has shrunk by $1 billion as the province pours billions into fighting US steel and aluminum tariffs while maintaining robust economic growth.
Saskatchewan reserves judgment on federal budget
Saskatchewan's government is reserving judgment on the new federal budget, citing lack of details on key measures affecting the province's economic interests.
Fiscal Expert Gives Qualified Support to Federal Budget
Kevin Page, Canada's first parliamentary budget officer, provides qualified support for Chrystia Freeland's federal budget while warning about fiscal risks and implementation challenges ahead.
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