P.E.I. forecasts $367.4M deficit for 2025-2026
Prince Edward Island's government reports a projected deficit of $367.4 million for the 2025-2026 fiscal year. Explore the details and implications for the province's budget and public services.
Category : Search result: federal deficit
Nova Scotia deficit climbs to $1.29B in fiscal update
Nova Scotia's deficit has reached $1.29 billion, driven by expenses outpacing revenue. Minister John Lohr delivered the final update on the 2025 budget. Learn the details.
Eby Calls Federal Help Critical for B.C. Trade Infrastructure
B.C. Premier David Eby emphasizes the need for federal partnership on infrastructure vital to trade, highlighting projects like the Massey Tunnel. Read more on the economic priorities.
Analysis: Ford's Spending, Debt Match Predecessor Wynne
An analysis of Ontario's finances reveals Premier Doug Ford's per-person spending and debt trajectory align closely with the Liberal era he once criticized as reckless. Explore the data.
Federal job cut notifications to start in January
The federal government will begin notifying public servants of potential job cuts in January 2025. Get the latest details on this significant workforce adjustment.
N.L. Deficit Balloons to $948M, Up 51%
Newfoundland and Labrador's fiscal deficit has surged to $948 million, a 51% increase. Finance Minister Craig Pardy addressed the province's worsening financial outlook in St. John's.
Newsom's Presidential Run Faces Scrutiny Over California's Woes
As California Governor Gavin Newsom prepares a presidential run, Victor Davis Hanson examines the state's challenges under his leadership, from high costs to crime. What platform will he use?
Sask. legislature wraps up with forced addiction treatment bill
The Saskatchewan government will table The Compassionate Intervention Act, allowing involuntary treatment for severe addictions. The fall sitting concludes amid health and deficit pressures.
Ottawa Begins Notifying Public Servants of Possible Job Cuts
The federal government has started informing public servants about potential job reductions. Get the latest details on this developing story affecting Ottawa's workforce.
Sask. adds $1B in spending without raising deficit
Saskatchewan's finance minister states a $1 billion increase in provincial spending will not affect the deficit, as revealed in the mid-year financial report. Get the details on the budget update.
Winnipeg forecasts $17.4 million deficit
The City of Winnipeg's latest financial report projects a $17.4 million deficit. Get the details on the forecast and what it means for municipal services.
Alberta used notwithstanding clause to avoid costly teacher arbitration
Alberta's government invoked the notwithstanding clause to end the teachers' strike, citing a $6.5 billion deficit and potential arbitration costs in the billions. Ministers defend the controversial move.
King's College in N.S. reports $1.8-million deficit
The University of King's College in Halifax confronts a significant $1.8-million budget shortfall for 2025, attributing it to escalating operational expenses. Learn about the financial pressures facing the historic institution.
Manning: Canada Needs Alternative to Carney's One-Man Show
Preston Manning argues Canada needs a credible alternative to PM Mark Carney's government, proposing policy shifts on budget, bureaucracy, and federalism. Read his vision.
Federal union hears rumours of new public servant office mandate
A federal union reports persistent rumours of a new office mandate for public servants in Ottawa. Get the latest details on the potential policy shift and its implications.
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.
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.
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.
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.
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.
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