Category : Search result: government debt

B.C.'s $17B Financial Reversal: Eby's Deficits Soar to $11B

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.

Quebec Municipalities Criticize Green Fund Debt Repayment Plan

Quebec towns slam Green Fund use for debt repayment

Quebec municipalities led by Baie-Saint-Paul Mayor Michael Pilote criticize the Legault government's controversial use of the Green Fund to repay provincial debt. Learn more about the growing opposition.

Lawsuit Targets B.C. and Federal Governments Over Cowichan Title Ruling

Lawsuit seeks damages over Cowichan title ruling

New legal action seeks compensation from B.C. and federal governments following the Cowichan Nation Aboriginal title claim decision. Learn about the implications for Indigenous rights.

Quebec's NYC Residence Upgrade Costs $2.6 Million

Quebec's NYC Residence Renovation Costs $2.6M

Quebec is spending over $2.6 million to renovate its delegate general's official residence in New York City, citing security and functionality upgrades. Discover the details.

Sen. Jim Justice to Pay $5M in Unpaid Taxes After IRS Lawsuit

Sen. Jim Justice Settles $5M Tax Debt with IRS

West Virginia Senator Jim Justice and his wife agree to pay over $5 million to settle 15 years of unpaid income taxes following an IRS lawsuit. Discover the details of the case.

Big Tech's $1.5 Trillion AI Debt Wave Threatens Credit Markets

AI Debt Wave Threatens Credit Markets

Massive AI-driven debt sales from tech giants like Alphabet and Meta could overwhelm buyers and weaken credit markets globally. Learn about the risks.

Christopher Liew: When to Refinance Debt Amid High Interest Rates

Debt Refinancing Advice for Canadians in 2025

Personal finance expert Christopher Liew explains whether refinancing debt makes sense with current high interest rates. Learn strategic approaches to debt management.

Essex Council Violated Transparency Rules, Implements New Measures

Essex broke transparency rules, implements reforms

Essex Council violated municipal transparency regulations but has now implemented corrective measures. Learn how the town is rebuilding public trust through improved accountability practices.

$1.03M Government Conferences: $94K Dinners & Musical Spoons

$1.03M spent on two government conferences

Taxpayers funded $1.03 million for two lavish 2024 government conferences featuring $94,000 dinners, $1,340 musical spoons, and $915 flower arrangements. Discover the shocking details of federal spending.

Trump's $2000 Check Plan Sparks GOP Fiscal Clash

GOP Rejects Trump's $2000 Check Proposal

Republicans reject Trump's plan for $2000 household checks, citing inflation and debt concerns. Learn how this populist proposal divides the GOP on economic policy.

Interim PBO's Frank Fiscal Warnings Put His Job at Risk

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?

45% of Canadians One Emergency Away From Debt, Study Reveals

45% of Canadians One Emergency From Debt

Nearly half of Canadians would fall into debt from a single unexpected expense, with financial stress impacting sleep and causing widespread anxiety across the country.

Scotiabank Fined $34,000 for Excessive Debt Collection Calls

Scotiabank fined $34k for harassing debt calls

Scotiabank will pay nearly $34,000 after Consumer Protection B.C. found the bank harassed a client with over 100 collection calls. Learn your rights against debt collection harassment.

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