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.
Category : Search result: deficit
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.
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.
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.
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.
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.
Carney's Budget: A Trudeau-Style Fiscal Crisis
Mark Carney's proposed budget faces intense scrutiny as experts warn of unsustainable spending mirroring Trudeau-era fiscal policies. Discover the alarming parallels and economic risks.
Canada's Budget Deficit Balloons to $39.8B
The Canadian government's latest budget reveals a dramatic deficit increase to $39.8 billion, featuring unprecedented infrastructure investments and housing initiatives while raising taxes on wealthiest Canadians.
Carney's Deficit Budget: Economic Threat to Canada
John Robson's scathing analysis reveals how Mark Carney's explosive deficit budget prioritizes political ambition over fiscal responsibility, risking Canada's economic stability.
Carney's $80B Deficit: Canada's Largest Non-Pandemic Shortfall
Former Bank of Canada governor Mark Carney presides over Canada's largest-ever peacetime deficit, raising alarms about fiscal responsibility and economic stability.
Canadians Split on Budget Priorities: Survey
New Nanos Research survey shows Canadians are split between deficit reduction and strategic investments as federal budget priorities. Discover where taxpayers stand on economic direction.
Canada's 2025 Budget Projects $38.9B Deficit
Finance Minister Chrystia Freeland tables 2025 federal budget with $38.9 billion deficit, sparking debate over Canada's fiscal direction and economic priorities.
Federal deficit hits $11.1B as spending surges
Canada's federal government reported a substantial $11.1 billion deficit from April to August, with spending significantly outpacing revenue growth as economic challenges mount.
Ottawa's New Fiscal Framework: Key Changes Explained
Discover how the federal government's new budget rules will impact spending, deficits, and economic growth. Get the essential breakdown of Ottawa's fiscal overhaul.
Canadian Taxpayers Brace for Trudeau Budget Impact
As the federal government prepares its next budget, concerns mount over continued deficit spending and its impact on Canadian households already struggling with affordability.
Canadian exports drop 2.8% as tariffs weigh on economy
New data from Statistics Canada reveals a significant downturn in exports, with tariffs creating headwinds for the nation's economic growth and international trade performance.
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