Edmonton debates $3.8B budget, 6.4% tax increase
Edmonton City Council begins deliberations on a proposed $3.8 billion 2026 budget, which includes a 6.4% property tax increase to address infrastructure and population growth.
Category : Search result: OC Transpo deficit
Edmonton grapples with $52-million budget hole
Edmonton confronts a $52.3 million structural budget deficit, threatening its financial reserves and city services. Officials warn of potential service cuts and fee increases.
Canada posts $16.1B deficit in fiscal first half
The Canadian government reported a $16.1 billion budgetary deficit for the April-to-September period amid economic challenges. Get the latest fiscal update and analysis.
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.
Free OC Transpo Service on New Year's Eve in Ottawa
OC Transpo will provide complimentary transit service on New Year's Eve 2025 to ensure safe celebrations. Plan your holiday travel in Ottawa with free buses and trains.
B.C. deficit projection lowered to $11.2 billion
British Columbia's financial outlook improves as quarterly tax revenues exceed expectations, reducing the projected deficit. Learn how this impacts provincial services and taxpayers.
Alberta maintains $6.4B deficit forecast in Q2 update
Alberta's budget deficit remains at $6.4 billion according to the second quarter fiscal update. Finance Minister Nate Horner provides insights on provincial finances and economic outlook.
Carney's $78.3B Deficit: A Historic Shift
Prime Minister Mark Carney's first budget projects a $78.3-billion deficit, nearly double what the Trudeau government had planned. Discover the historical context and future implications for Canada.
Saskatchewan projects $427M deficit at mid-year
Saskatchewan's provincial government reveals a $427 million deficit for 2025, citing unexpected wildfire and healthcare expenses. Learn how this impacts the province's financial outlook.
Ottawa eyes free youth transit, longer transfers
Ottawa City Council will debate free transit for youths 18 and under on evenings, weekends, and holidays, plus a temporary transfer window extension. Learn about the proposed changes.
Nutrien pursues Washington terminal as Saskatchewan projects deficit
Nutrien moves forward with west coast terminal plans in Washington while Saskatchewan faces $427M deficit. Get the latest on Canadian agribusiness expansion.
OCDSB projects $20-million deficit for next school year
Ottawa's largest school board faces a $20-million deficit and significant financial challenges, new director of education reveals. Learn how this impacts classrooms and what's next.
Quebec cuts deficit forecast, provides tax relief
Quebec's finance minister has revised the province's deficit downward and announced tax breaks for workers and industries affected by U.S. tariffs, including $290M for agriculture.
Republican Senator Rejects Trump's $2,000 Tariff Checks
Wisconsin Senator Ron Johnson opposes President Trump's proposal for $2,000 tariff dividend payments, warning about the growing U.S. deficit and calling the plan unaffordable.
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.
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.
OC Transpo Exploring AI for O-Train Monitoring
OC Transpo is investigating artificial intelligence technology to enhance monitoring of Ottawa's O-Train system and transit network. Learn how AI could improve service reliability.
OC Transpo fare hike approved despite service issues
Ottawa's OC Transpo approves 2.5% fare increase for 2026 while bus reliability continues to miss targets. Monthly passes rising to $138.50 amid affordability concerns.
O-Train East Extension to Open Early 2026
Ottawa's O-Train Line 1 extension to the east is scheduled to begin operations early in 2026, marking significant progress for the city's public transit system. Learn about the project timeline and impacts.
OC Transpo extended transfers may cost $1M
Ottawa's OC Transpo faces a potential $1 million cost to extend transfer windows as it prepares to launch its new bus network in April 2025. Learn how this could impact riders.
Ottawa transit riders want better service with fare increases
OC Transpo riders in Ottawa express concerns about proposed 2026 fare increases, demanding improved service quality alongside higher costs. Learn what changes commuters want.
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.
O-Train Line 1 Service Disrupted by Overhead Wire Defect
OC Transpo reports a single-track service on O-Train Line 1 due to an overhead wire defect between Rideau and uOttawa stations. Expect delays; full service is expected to resume Friday.
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.
O-Train Line 1 Single-Tracked Due to Power Defect
Ottawa's O-Train Line 1 will operate on single-track service in the downtown tunnel all day due to an overhead power system defect. Commuters should expect delays.
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.
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