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.
Category : Search result: Canada federal deficit
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.
Woman in polygamous marriage wins chance to stay in Canada
A Somali woman who lied on her refugee application due to her polygamous marriage has been granted another opportunity to remain in Canada by the Federal Court.
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.
Readers Sound Off on Net Zero and Housing Affordability
Canadians express strong opinions on federal climate targets and housing affordability in a recent letters to the editor section. Discover the public's growing concerns.
Federal Finance Minister Visits Regina for Budget Talks
Finance Minister François-Philippe Champagne met with SUMA President Randy Goulden in Regina to discuss how the federal budget affects Saskatchewan's economy and local communities.
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.
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.
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.
PBO reveals Liberal budget accounting tricks
Parliamentary Budget Officer confirms $94B in Liberal 'capital investments' don't meet standard definitions, exposing fiscal manipulation in Carney's first budget.
Carney's accounting tricks fail to impress
Parliamentary Budget Officer finds Carney government's capital spending definition 'overly expansive' in new report. Read the full analysis of Canada's fiscal framework.
PSAC: Federal workers to learn layoff details shortly
Public Service Alliance of Canada reveals federal employees will receive potential layoff information shortly. Stay informed about government workforce changes.
Federal Funding Boosts Atlantic Canada Space Race
Federal investment marks turning point for Atlantic Canada's emerging space industry as Nordspace overcomes launch challenges. Discover how this funding accelerates regional space ambitions.
Former KGB agent wins new chance to stay in Canada
A Federal Court judge has ruled that the former public safety minister's decision to deny a former KGB agent relief to stay in Canada was unreasonable. Vladimir Popov now gets another chance.
U.S. to slash food tariffs, lower Swiss import fees
The Trump administration announces major tariff cuts on food items like coffee and bananas to address inflation, alongside new trade deals with Argentina, Ecuador, and El Salvador.
N.B. projects highest deficit in two decades at $834.7M
New Brunswick faces its largest budget deficit in two decades at $834.7 million. Learn how this impacts provincial finances and what it means for taxpayers.
Operating spending driving deeper deficits: PBO
Parliamentary Budget Officer reveals Ottawa's operational expenses, not capital investments, are primarily responsible for growing budget deficits. Learn the fiscal implications.
Ottawa public service cuts: 2.5% workforce impact
A new report reveals federal public service cuts will affect 2.5% of Ottawa's workforce, but economists explain why the city will weather this storm better than 1990s austerity.
Court rejects Gaza visa lawsuits, 4,200 applicants wait
Federal Court dismisses lawsuits from Palestinians in Gaza seeking to force Canada to process crisis travel visas. About 4,200 applications remain unprocessed under the capped program.
Fitch Warns of 'Slippery Slope' for Canada's Finances
Fitch Ratings maintains Canada's AA+ credit rating but warns of fiscal risks from rising deficits and debt. Learn about the agency's concerns and what it means for the economy.
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