Category : Search result: Ontario budget deficit


Canada's Fiscal Deficit Grows 27% in 2025/26

Canada's federal budget deficit for the first seven months of the fiscal year widened sharply to C$18.37 billion, a 27% increase. Explore the details and implications for the economy.

Copper Hits Record High Above US$12,000 a Ton

Copper prices smash records, topping US$12,000 a ton. Driven by Trump's tariffs, severe mine outages, and a looming historic deficit, the rally defies a slowing Chinese economy. Discover the forces reshaping this critical metal's market.

Edmonton aims for balanced budget, repairs finances

Edmonton's city administration is working to eliminate structural budget deficits and rebuild its financial stabilization reserve after years of pandemic-related shortfalls. CFO Stacey Padbury outlines the plan for the next four-year budget cycle.

P.E.I. forecasts $367.4M deficit for 2025-2026

Prince Edward Island's government reports a projected deficit of $367.4 million for the 2025-2026 fiscal year. Explore the details and implications for the province's budget and public services.

Kingsville 2026 budget brings 5.9% tax hike

Kingsville property owners will see a 5.9% municipal tax increase in 2026, adding $126 to the average bill. The hike funds policing costs, road work, and new fire equipment.

N.L. Deficit Balloons to $948M, Up 51%

Newfoundland and Labrador's fiscal deficit has surged to $948 million, a 51% increase. Finance Minister Craig Pardy addressed the province's worsening financial outlook in St. John's.

Sask. adds $1B in spending without raising deficit

Saskatchewan's finance minister states a $1 billion increase in provincial spending will not affect the deficit, as revealed in the mid-year financial report. Get the details on the budget update.

Winnipeg forecasts $17.4 million deficit

The City of Winnipeg's latest financial report projects a $17.4 million deficit. Get the details on the forecast and what it means for municipal services.

King's College in N.S. reports $1.8-million deficit

The University of King's College in Halifax confronts a significant $1.8-million budget shortfall for 2025, attributing it to escalating operational expenses. Learn about the financial pressures facing the historic institution.

Calgary City Council Begins 2025 Budget Decisions

Calgary's city council started its crucial budget deliberations on Monday, December 1, 2025, considering several amendments that will shape municipal spending. Follow the latest developments.

Edmonton grapples with $52-million budget hole

Edmonton confronts a $52.3 million structural budget deficit, threatening its financial reserves and city services. Officials warn of potential service cuts and fee increases.

B.C.'s $17B financial reversal under Premier Eby

B.C. Finance Minister Brenda Bailey's budget update reveals a dramatic $17 billion turnaround from surplus to deficit under Premier David Eby. Discover how day-to-day spending drives half the debt increase.

B.C. deficit projection lowered to $11.2 billion

British Columbia's financial outlook improves as quarterly tax revenues exceed expectations, reducing the projected deficit. Learn how this impacts provincial services and taxpayers.

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.

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.

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