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.
Category : Search result: deficit targets
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.
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.
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.
Stellantis Calls for Flexible EU Emissions Targets
Stellantis Chairman John Elkann proposes averaging 2030 car emissions targets over five years, seeking flexibility for automakers in meeting EU climate goals while maintaining competitiveness.
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.
Wilkinson defends climate policy amid Poilievre remarks
Liberal MP Jonathan Wilkinson discusses Canada's emissions targets and responds to Conservative leader Pierre Poilievre's criticism. Read the latest political developments.
AMD stock climbs on strong growth targets
AMD shares jumped significantly as investors cheered the company's ambitious long-term growth projections. The semiconductor giant outlined aggressive expansion plans during investor day.
Quebec urged to strengthen climate targets despite U.S.
Quebec's environmental committee recommends strengthening climate targets as U.S. scales back commitments. Environment Minister Bernard Drainville faces key decisions.
Immigration Cuts Could Help Alberta's Job Market
Federal immigration target reductions could help lower Alberta's high unemployment rate by allowing the labour market to absorb more local workers, economists suggest.
COP30 carbon footprint equals Samoa's annual emissions
UN climate conference in Brazil will generate emissions equivalent to Samoa's annual output while Canada maintains unrealistic climate targets. Read the full analysis.
Immigration Targets May Slow Economic Growth: Economist
Capital Economics warns Canada's revised immigration targets could discourage rental construction and slow economic growth. Expert analysis on federal budget impacts.
Quebec Faces Calls for Stronger Climate Action
Environmental advocates push Quebec to implement stricter climate targets and carbon budgets as province faces pressure to accelerate emissions reduction efforts.
North Bay Hospital Cuts 40 Jobs, Union Plans Protest
Unionized workers at North Bay Regional Health Centre will protest Wednesday after hospital announces 40 position cuts to address $5.6 million deficit. Rally planned.
Immigration Cuts May Hinder Bank of Canada Rate Relief
Canada's reduced immigration targets could slow population growth to near zero, potentially delaying Bank of Canada interest rate cuts as unemployment may fall faster than expected.
Freeland: Economic Overhaul Just Beginning Despite Deficit
Finance Minister Chrystia Freeland defends Canada's massive deficit spending, promising more ambitious economic reforms focused on boosting competition and supporting middle-class Canadians.
Ontario Scrapping Mandatory Climate Targets
The Ford government is eliminating legal requirements for setting and updating climate change targets, sparking debate about Ontario's environmental commitment.
Ontario deficit drops $1B amid US tariff fight
Ontario's financial deficit has shrunk by $1 billion as the province pours billions into fighting US steel and aluminum tariffs while maintaining robust economic growth.
Quebec's $38B climate cost for 2030 GHG targets
Quebec faces a monumental $38 billion investment to meet its 2030 greenhouse gas reduction targets, with the province's environment minister revealing the massive financial hurdle ahead.
Quebec Cuts Immigration Targets by 20%
Quebec makes dramatic cuts to permanent immigration targets, reducing numbers by 20% amid housing and integration concerns. Learn how this policy shift impacts newcomers and the province's economy.
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