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.
Category : Search result: deficit reduction
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.
B.C. seeks federal help to fund Fraser Valley flood plan
B.C. says Ottawa must help pay for a flood risk reduction plan after the Fraser Valley was hit by devastating floods in 2021 and again in December 2025. Minister Kelly Greene calls for urgent federal action.
Canada's 2030 climate target slipping away: report
A new report indicates Canada is moving further from its 2030 greenhouse gas emissions reduction target. Read the latest on the nation's climate progress.
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.
N.B. Releases Strategy to Reduce Chronic Homelessness by 40%
The New Brunswick government unveiled a new provincial strategy targeting a 40% reduction in chronic homelessness by 2028-29. Learn the details and goals of the plan.
Brazil Senate Passes Bill That Could Reduce Bolsonaro Sentence
Brazil's Senate has passed a controversial bill that could significantly reduce former President Jair Bolsonaro's 27-year prison sentence. The move sparks debate on justice and political influence.
Nova Scotia deficit climbs to $1.29B in fiscal update
Nova Scotia's deficit has reached $1.29 billion, driven by expenses outpacing revenue. Minister John Lohr delivered the final update on the 2025 budget. Learn the details.
New London charity warehouse to redistribute discarded food
Lionhearts Inc., supported by Gateway Church and Halal Food Bank, opens a London warehouse to rescue surplus food and goods, tackling waste and supporting the community. Learn how this initiative makes a difference.
Bombardier repays US$500 million in senior notes
Bombardier makes a major move in its debt reduction strategy, repaying US$500 million in senior notes. The aerospace giant stays on track with its financial restructuring plan.
Analysis: Ford's Spending, Debt Match Predecessor Wynne
An analysis of Ontario's finances reveals Premier Doug Ford's per-person spending and debt trajectory align closely with the Liberal era he once criticized as reckless. Explore the data.
Federal methane rules offer flexibility to energy sector
The Carney government has finalized methane regulations, allowing oil and gas producers to design their own reduction plans if they meet strict targets. Learn about the policy shift and its impact.
400 jobs cut at Natural Resources Canada by 2029
The federal government confirms 400 positions will be eliminated at Natural Resources Canada by 2029. Get the details on the workforce reduction and its implications.
UBC researchers slash rayon's chemical footprint
UBC scientists develop a cleaner method to make rayon using microfibrillated cellulose, reducing harsh solvent use by up to 70%. A win for sustainable fashion and B.C.'s green economy.
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.
Royal Alexandra Hospital Supervised Consumption Site Closes
The supervised consumption site at Edmonton's Royal Alexandra Hospital closed its doors Tuesday. Read about the implications for public health and addiction services in the city.
Christmas tree harvest helps reduce wildfire threat in Sask.
A festive tradition in Prince Albert National Park is providing a surprising benefit: reducing wildfire fuel. Learn how this annual harvest protects communities.
Newsom's Presidential Run Faces Scrutiny Over California's Woes
As California Governor Gavin Newsom prepares a presidential run, Victor Davis Hanson examines the state's challenges under his leadership, from high costs to crime. What platform will he use?
Nova Scotia company reduces forest fire risk with new tech
BioBurn Pros Inc. in Nova Scotia is tackling wildfire fuel using an air curtain burner. Learn how this innovative method incinerates debris quickly to protect Canadian forests.
Winnipeg Changes Location for Supervised Drug Site
The City of Winnipeg has informed residents of a revised location for a planned supervised drug consumption site. Get the latest details on this public health initiative.
Windsor Police See Positive Crime Trends in November
Windsor Police Service reports encouraging declines in several crime categories for November 2025. Explore the latest crime statistics and what they mean for community safety.
Carney's $1.5B Civil Service Retirement Plan Saves $82M Annually
Prime Minister Mark Carney's plan to reduce the federal civil service through early retirement incentives will cost $1.5 billion upfront, with annual savings of $82 million. The strategy aims to avoid layoffs.
Sask. legislature wraps up with forced addiction treatment bill
The Saskatchewan government will table The Compassionate Intervention Act, allowing involuntary treatment for severe addictions. The fall sitting concludes amid health and deficit pressures.
Ottawa Begins Notifying Public Servants of Possible Job Cuts
The federal government has started informing public servants about potential job reductions. Get the latest details on this developing story affecting Ottawa's workforce.
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.
Alberta used notwithstanding clause to avoid costly teacher arbitration
Alberta's government invoked the notwithstanding clause to end the teachers' strike, citing a $6.5 billion deficit and potential arbitration costs in the billions. Ministers defend the controversial move.
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.
Orillia Uses Oversized Signs to Slow Drivers in School Zones
The City of Orillia has installed large, new signs on Fittons Road West to enhance safety in school zones by slowing motorists. Discover how this visual strategy aims to protect children.
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