N.S. spent $7.7B on health care last year: auditor
Nova Scotia's auditor general reports the province spent $7.7 billion on health care in the last fiscal year. Explore the details and implications of this massive investment.
Category : Search result: fiscal deficit
Alberta's Bleak Fiscal Outlook Amid Oil Price Drop
Alberta faces a growing deficit exceeding $6 billion and rising dependence on volatile energy revenues as oil prices tumble. Discover the tough choices ahead for the provincial government.
Ellerdale Rd. in Hampstead a 'Moonscape' of Potholes
Ellerdale Road in Hampstead, named one of Montreal's worst, is now a hazardous moonscape of craters. Mayor promises 2026 repairs as Quebec's $21.5B road deficit hits drivers.
OCDSB's $20M deficit may take years to fix
Ottawa's largest school board faces a $20 million operating deficit. Supervisor Bob Plamondon says erasing the shortfall, driven by special education costs, could take more than a year. Learn the details.
Canada's U.S. export share hits record low
Canada's merchandise trade balance swung to a $583 million deficit in October 2025 as U.S. tariffs push export share to a record low outside pandemic. Read the full analysis.
Toronto's 2026 Budget Unveiled by Mayor Olivia Chow
Mayor Olivia Chow presents Toronto's 2026 budget, outlining the city's financial priorities and investments for the coming year. Get the details on the plan.
Canada's October trade deficit smaller than expected
Canada's trade performance improved in October with a smaller-than-anticipated deficit. Get the latest data and analysis on the country's economic outlook.
Global Economy's 2025 Stability Was an Illusion
Despite steady growth, 2025's global economy masked the damage of U.S. tariffs and policy chaos. AI spending and fiscal expansion provided a fragile cover, but 2026 could reveal the true cost.
Toronto's 2026 Budget Plan: Austerity and Tax Implications
Toronto faces fiscal challenges in its 2026 budget, prompting potential service cuts and tax increases. Learn how the city's financial strategy could affect residents.
Canada's Economic Challenges in 2026: Mintz Analysis
Economist Jack Mintz outlines the serious hurdles for Canada's economy in 2026, from stalled growth to trade diversification struggles. Read his full analysis.
Trump Faces Uneasy Standoff with US Bond Market
A tense standoff is developing between former President Donald Trump and the massive US bond market, raising concerns about fiscal stability and investor confidence. Explore the details and potential implications.
Canada's Fiscal Deficit Grows 27% in 2025/26
Canada's federal budget deficit for the first seven months of the fiscal year widened sharply to C$18.37 billion, a 27% increase. Explore the details and implications for the economy.
Copper Hits Record High Above US$12,000 a Ton
Copper prices smash records, topping US$12,000 a ton. Driven by Trump's tariffs, severe mine outages, and a looming historic deficit, the rally defies a slowing Chinese economy. Discover the forces reshaping this critical metal's market.
Budget Officer Regrets 'Stupefying' Fiscal Remark
Interim Parliamentary Budget Officer Jason Jacques expresses regret for his strong criticism of federal fiscal management. Get the details on the Ottawa committee testimony and the context of his remarks.
Edmonton aims for balanced budget, repairs finances
Edmonton's city administration is working to eliminate structural budget deficits and rebuild its financial stabilization reserve after years of pandemic-related shortfalls. CFO Stacey Padbury outlines the plan for the next four-year budget cycle.
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.
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.
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.
Canada's Federal Budgets Need Slimmer, Clearer Format
Experts argue Canada's federal budgets have become unwieldy, burying key numbers in hundreds of pages of fluff. They call for a return to short, transparent documents for better accountability.
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?
Five Easy Steps for Creative Government Accounting
Columnist Franco Terrazzano outlines a satirical five-step plan for creative government accounting, critiquing fiscal strategies under PM Mark Carney. Read the analysis.
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.
Canada's big banks increase bonus pools by 15%
Canada's largest lenders set aside 15% more for bonuses in fiscal 2025, driven by busy capital markets and trading. Discover which banks led the increase and the factors behind the surge.
Citigroup Sets 2026 STOXX 600 Target at 640
Citigroup forecasts the STOXX 600 index will reach 640 by the end of 2026, citing supportive fiscal policies as a key driver. Get the full analysis and market implications.
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.
Saskatchewan Adds $1 Billion to Government Spending
The Saskatchewan government has announced an additional $1 billion in new spending. Get the details on where the funds are allocated and the provincial fiscal outlook.
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