Holiday spending drives up Canadian household debt
Canadian household debt rises as holiday spending bites. Experts analyze the financial strain and offer tips for managing debt in the new year. Read more.
Category : Search result: federal spending cuts
Canada is world's 2nd-largest consumer of OnlyFans content
New data reveals Canadians spent $354.8 million on OnlyFans in 2025, ranking second globally in per-capita consumption. Vancouver leads national spending.
Top federal department blasted for secrecy on layoff numbers
Canada's largest public-sector union accuses the Privy Council Office of hypocrisy for refusing to disclose how many staff received potential layoff notices. Get the full story on the transparency clash.
Federal Policy Cuts Create Uncertainty for Ontario College Students
Ontario college students confront an uncertain future as federal policy changes lead to significant budget cuts and staff layoffs. Learn about the impacts on education and student life.
What Public Servants Must Watch in 2026
From major job cuts to new AI policies, here are the pivotal issues set to impact federal government employees in Canada during the coming year. Stay informed.
Stocks waver as Santa Claus rally window opens
Wall Street sees a quiet session as the Santa Claus rally period begins. Traders eye Fed rate cuts in 2026, with the S&P 500 near record highs. Get the latest market analysis.
AI Spending, Profits, and Fed Rate Cuts Key to 2026 Stocks
Market experts forecast a strong 2026 for equities, driven by corporate AI investment, robust earnings, and anticipated Federal Reserve interest rate reductions. Discover the outlook shaping the investment landscape.
Canadians Spending More in Final Holiday Shopping Rush
Canadians are opening their wallets wider this holiday season, with spending up as the last-minute shopping rush hits its peak. See the trends and consumer insights.
Gold, Silver Soar to All-Time Highs Amid Rate Cut Hopes
Gold and silver prices surge to unprecedented levels, fueled by Federal Reserve rate cut expectations and escalating global risks. Retail investors drive ETF inflows.
St. Clair College Warns of 2026 Program, Job Cuts
St. Clair College's president has indicated that program reductions and job cuts are possible in 2026 due to financial pressures. Learn about the potential impacts on students and staff.
Gold, Silver Hit All-Time Highs as Geopolitical Risks Rise
Gold and silver prices surged to unprecedented levels, driven by escalating global tensions and expectations of U.S. Federal Reserve rate cuts. Discover the factors fueling this historic rally and what it means for investors.
U.S. Appeals Harvard Funding Ruling
The Trump administration is appealing a judge's decision to reverse federal funding cuts at Harvard University. Get the latest details on this ongoing legal and political battle.
Federal outsourcing hits $26.1B despite cuts promise
Federal Budget 2025 projects a 37% surge in spending on private consultants, contradicting Liberal election pledges to reduce reliance on outsourcing. Analysis reveals a troubling shift away from public service expertise.
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.
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.
400 jobs cut at Natural Resources Canada by 2029
The federal government confirms 400 positions will be eliminated at Natural Resources Canada by 2029. Get the details on the workforce reduction and its implications.
Holiday Spending to Give Canadian Economy $11B Boost
Canadian consumers plan to spend an average of $943 this holiday season, injecting an estimated $11 billion into the national GDP. Get the details on the 'Buy Canadian' trend and economic impact.
Federal DEI bureaucracy costs $75M annually, critics call for cuts
Columnist Jerry Agar argues Canada's federal diversity, equity, and inclusion programs have succeeded and the bloated bureaucracy, costing over $75 million yearly, should be dismantled. Read the analysis.
$1.3M for Veteran Housing Supports in New Brunswick
The federal government is allocating $1.3 million to provide housing support for veterans in New Brunswick. Learn about the new funding and its impact.
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.
Early Retirement Info Sent to 68,000 Federal Public Servants
The federal government has begun notifying 68,000 public servants about a new early retirement program, a key step in its plan to cut 40,000 jobs from the bureaucracy. Learn the eligibility criteria and what the union says.
Loonie Outlook Dims as CUSMA Deal Remains Elusive
Forecasts for the Canadian dollar turn less bullish as a key trade deal remains out of reach and fewer Fed rate cuts loom. Explore the economic implications.
Opinion: What a Slimmed-Down Canadian Government Must Keep
As Ottawa seeks spending cuts, an opinion piece argues for refocusing on core government needs like security and food, questioning agencies like the NFB. Read the analysis.
Calgary Cuts Climate Funding, Boosts Transit in Budget
Calgary city council reallocates funds, reducing climate program spending while increasing transit investment as 2026 budget talks progress. Key details inside.
Minister responds to PBO report on housing spending cuts
Housing Minister Gregor Robertson addresses a Parliamentary Budget Officer report detailing federal spending reductions and their projected 'modest' effect on new housing supply. Get the latest analysis.
London rethinks homelessness plan as federal funds dry up
London faces a critical overhaul of its homelessness strategy after losing millions in federal funding, even as the number of unhoused residents continues to rise. Learn about the city's urgent challenge.
Budget Deception Could Lead to Higher Taxes for Canadians
Tax expert Kim Moody warns that ignoring fiscal reality and using deceptive accounting could force future tax hikes on Canadians. Read the analysis of the 2025 Public Accounts.
$81B Defence Plan a Boon for Alberta Industry: MacKay
Former Defence Minister Peter MacKay says the federal government's $81-billion defence spending plan represents a massive opportunity for Alberta companies to supply the military.
Trump Picks Fed Chair, Hassett Likely Choice
President Donald Trump confirms he has chosen his nominee for Federal Reserve chair, with top adviser Kevin Hassett the frontrunner to replace Jerome Powell and pursue rate cuts. Details on the selection and market impact.
Veterans Face Budget Cuts and Policy Changes Under Carney
Robert Smol alleges Prime Minister Mark Carney's government is systematically dismantling veteran support through budget cuts and legislative changes. Veterans urged to organize and protest.
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