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.
Category : Search result: OC Transpo deficit
Ottawa eyes free youth transit, longer transfers
Ottawa City Council will debate free transit for youths 18 and under on evenings, weekends, and holidays, plus a temporary transfer window extension. Learn about the proposed changes.
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.
OC Transpo Exploring AI for O-Train Monitoring
OC Transpo is investigating artificial intelligence technology to enhance monitoring of Ottawa's O-Train system and transit network. Learn how AI could improve service reliability.
OC Transpo fare hike approved despite service issues
Ottawa's OC Transpo approves 2.5% fare increase for 2026 while bus reliability continues to miss targets. Monthly passes rising to $138.50 amid affordability concerns.
O-Train East Extension to Open Early 2026
Ottawa's O-Train Line 1 extension to the east is scheduled to begin operations early in 2026, marking significant progress for the city's public transit system. Learn about the project timeline and impacts.
OC Transpo extended transfers may cost $1M
Ottawa's OC Transpo faces a potential $1 million cost to extend transfer windows as it prepares to launch its new bus network in April 2025. Learn how this could impact riders.
Ottawa transit riders want better service with fare increases
OC Transpo riders in Ottawa express concerns about proposed 2026 fare increases, demanding improved service quality alongside higher costs. Learn what changes commuters want.
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.
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.
O-Train Line 1 Service Disrupted by Overhead Wire Defect
OC Transpo reports a single-track service on O-Train Line 1 due to an overhead wire defect between Rideau and uOttawa stations. Expect delays; full service is expected to resume Friday.
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.
O-Train Line 1 Single-Tracked Due to Power Defect
Ottawa's O-Train Line 1 will operate on single-track service in the downtown tunnel all day due to an overhead power system defect. Commuters should expect delays.
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.
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.
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.
Ottawa property tax hike 3.75%, OC Transpo fares up 2.5%
Ottawa residents face higher costs as city proposes 3.75% property tax increase and 2.5% OC Transpo fare hike for 2026 budget. Learn how this affects your household expenses.
O-Train Line 1 single-track operation Wednesday morning
Ottawa's O-Train Line 1 will operate on single track through three stations Wednesday morning, affecting commuter routes. Stay informed about transit delays.
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