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.
Category : Search result: federal budget deficit
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.
Budget watchdog calls for transparency after fiscal changes
Canada's parliamentary budget officer demands better fiscal transparency after Liberal government shifts economic anchors. Read the latest developments.
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.
Interim PBO's Fiscal Honesty Threatens His Job
Interim Parliamentary Budget Officer Jason Jacques exposes unsustainable debt and accounting concerns in Carney government's budget. Will his transparency cost him the permanent position?
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.
Carney's Budget Passes, No Early Election
Prime Minister Mark Carney's budget passes crucial confidence vote, avoiding snap election. Liberals secure fourth term with $78.3-billion deficit plan.
MPs vote today on Mark Carney's first budget
Canadian MPs will cast crucial votes on Prime Minister Mark Carney's inaugural budget today. The budget, tabled November 4, represents the government's economic vision for the nation. Follow live updates.
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.
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.
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.
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.
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