Category : Search result: new year finances


Vancouver approves $2.39B budget, freezes property tax

Vancouver City Council approves a $2.39 billion operating budget for 2026, implementing a property tax freeze and significant cost-saving measures. Discover the details and implications of this major financial shift.

Regina forecasts 15.69% mill rate increase for 2026

Regina residents face significant property tax increases as city administration reveals 15.69% mill rate hike in preliminary 2026-27 budget documents. Learn what's driving the proposed increases.

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.

Kitchener reveals proposed 2026 budget plan

Kitchener residents get first look at city's proposed 2026 budget. Learn about municipal spending priorities and how they'll impact community services and infrastructure.

$400M Water Plant Expansion Threatens Municipal Budgets

A massive $400 million water treatment plant expansion required for PowerCo's operations could cripple municipal finances across southwestern Ontario, arriving 30 years sooner than anticipated and leaving local governments scrambling for solutions.

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.

Ontario's Debt Crisis: Ford's Fiscal Test Ahead

As Ontario's debt balloon approaches $500 billion, pressure mounts on the Ford government to deliver fiscal responsibility in the upcoming fall economic statement. Experts warn of serious consequences without immediate action.

Ontario fiscal update amid carbon tax concerns

Ontario's Finance Minister Peter Bethlenfalvy to deliver fiscal update amid concerns over federal carbon tax increase and its effects on provincial economy and household budgets.

Vancouver OKs $21M for police, fire budget gaps

Vancouver City Council has greenlit $21 million in emergency funding to cover budget overruns for police and fire services, addressing critical public safety needs amid financial pressures.

Winnipeg High School Financial Scandal: Police Probe

St. Paul's High School in Winnipeg faces serious financial misconduct allegations, prompting an internal audit and police investigation. School officials remain tight-lipped as parents demand transparency.

Sudbury Property Tax Could Rise 5.7% in 2024

Greater Sudbury homeowners could see significant tax hikes as city council debates 2024 budget priorities, with infrastructure and community safety driving proposed increases.

59-year-old man dies in Saint-Laurent crash

RCMP investigate fatal single-vehicle collision that resulted in the death of a 59-year-old man in Saint-Laurent, New Brunswick. Emergency responders unable to save driver.

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.

Lansdowne 2.0 Concert Venue Faces Financial Crisis

Ottawa's ambitious Lansdowne 2.0 redevelopment faces significant financial challenges as new reports reveal the proposed event venue could lose millions annually. Discover the financial realities and what this means for taxpayers.

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