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: federal deficit
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.
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.
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.
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.
Federal finance minister says budget speaks to Albertans
Finance Minister François-Philippe Champagne defends new federal budget, emphasizing Alberta's role in national economic vision. Read his exclusive Alberta Primetime interview.
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.
Federal Budget Disappoints Alberta: Economic Analysis
Economic experts reveal how the latest federal budget overlooks Alberta's energy sector and fails to provide meaningful support for carbon capture initiatives, raising concerns about regional economic impacts.
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 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.
Saskatchewan reserves judgment on federal budget
Saskatchewan's government is reserving judgment on the new federal budget, citing lack of details on key measures affecting the province's economic interests.
Carney's Budget: A Trudeau-Style Fiscal Crisis
Mark Carney's proposed budget faces intense scrutiny as experts warn of unsustainable spending mirroring Trudeau-era fiscal policies. Discover the alarming parallels and economic risks.
Federal Budget Cuts Hit Ottawa Services
Ottawa faces significant service reductions as federal budget cuts take effect. From healthcare to infrastructure, discover how these changes will impact residents and local businesses across the National Capital Region.
Atlantic Restaurants Feel Snubbed by Federal Budget
Atlantic Canadian restaurant owners and small business operators express deep disappointment as federal budget overlooks sector-specific support, calling it a 'devastating blow' to pandemic-recovering businesses.
Quebec Slams Federal Budget Infrastructure Funding
Quebec's government expresses deep disappointment with federal budget infrastructure funding, calling it insufficient for provincial needs and demanding better partnership.
Quebec Premier Defends Spending, Demands Fair Federal Share
Quebec Premier François Legault pushes back against federal criticism of provincial spending, demanding Quebec receives its rightful share of federal transfers in the latest budget.
28,000 Federal Jobs Face Cuts in New Budget
Canadian federal unions express alarm over lack of details in budget plan calling for massive public service reductions, warning of service delivery impacts across the nation.
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