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.
Category : Search result: budget deficit
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.
Interim PBO Jason Jacques seeks permanent position
Interim Parliamentary Budget Officer Jason Jacques confirms he will apply for the permanent role, bringing continuity to Canada's fiscal oversight. Learn about his qualifications and vision.
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.
Interim PBO Jason Jacques seeks permanent position
Interim Parliamentary Budget Officer Jason Jacques confirms he will apply for the permanent role as government spending scrutiny intensifies. Learn about his qualifications and budget findings.
REAL requests lowered $10.8M budget from Regina
Regina Exhibition Association Limited presents reduced $10.8M budget request to city council, projecting first surplus since 2021. Learn about REAL's financial turnaround.
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.
Poll: Carney's budget wins support for key plans
Prime Minister Mark Carney's inaugural budget receives strong public backing for infrastructure and immigration initiatives according to new polling data. Read the full analysis.
Barrie's 2026 budget approved with no tax hike
Barrie City Council has approved the 2026 operating budget with zero percent tax increase. Learn how the city plans to maintain services without raising costs for residents.
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.
Ottawa 2026 Budget: What the Tax Increase Means
Ottawa's 2026 draft budget proposes a 3.75% property tax hike. See how it impacts urban and rural homeowners and where the money is going.
Ottawa police budget proposes $36 tax increase for 2026
Ottawa residents could pay $36 more for police services in 2026 as the city prepares to table its draft budget. Learn how this affects taxpayers and city services.
LaSalle proposes 6% tax hike in 2026 budget draft
LaSalle faces proposed 6% tax increase in 2026 budget draft as Windsor-area municipalities begin financial planning. Learn what this means for 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.
LaSalle draft budget proposes 9.2% tax hike
LaSalle homeowners face a potential 9.2% average annual property tax increase under the 2026 draft budget, adding $189 per year for an average home. Explore the details and financial impact.
Calgary Council Starts 2026 Budget Review
Calgary's newly elected council convenes for the first time to tackle the 2026 budget, setting priorities for residents. Learn about the key financial decisions ahead.
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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