Category : Search result: fiscal management


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.

Element Fleet Management buys Car IQ tech firm

Element Fleet Management Corp. announces deal to acquire San Francisco-based vehicle payment technology company Car IQ, expanding its financial service capabilities for commercial fleets.

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.

PBO: MPs Should Approve Fiscal Target Changes

Canada's fiscal watchdog says Ottawa should seek House of Commons approval to alter key fiscal targets, like the recently abandoned debt-to-GDP anchor. Read the latest on federal spending.

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.

Girard: Budget Depends on U.S. Trade Deal

Quebec Finance Minister Eric Girard warns that ending free trade with the U.S. would jeopardize fiscal balance. Learn how this impacts Canada's economic stability.

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.

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.

Interim PBO Jason Jacques seeks permanent position

Interim Parliamentary Budget Officer Jason Jacques confirms he will apply for the permanent role, bringing continuity to Canada's fiscal oversight. Learn about his qualifications and vision.

How Lenders Spotted Red Flags at First Brands

Discover how Apollo Global Management and Soros Fund Management avoided massive losses in the First Brands collapse by identifying critical warning signs that others missed.

1,000 goldfish to be removed from Ottawa pond

The City of Ottawa is taking action to remove approximately 1,000 invasive goldfish from a stormwater pond in Celebration Park after hundreds were found dead. Learn about this environmental initiative.

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