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.
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.
Interim Parliamentary Budget Officer Jason Jacques expresses regret for his strong criticism of federal fiscal management. Get the details on the Ottawa committee testimony and the context of his remarks.
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.
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.
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.
Experts argue Canada's federal budgets have become unwieldy, burying key numbers in hundreds of pages of fluff. They call for a return to short, transparent documents for better accountability.
The Kremlin has expressed rare approval of a U.S. national security document, aligning with its vision on NATO and global influence. Explore the shifting geopolitical dynamics.
Columnist Franco Terrazzano outlines a satirical five-step plan for creative government accounting, critiquing fiscal strategies under PM Mark Carney. Read the analysis.
Canada's largest lenders set aside 15% more for bonuses in fiscal 2025, driven by busy capital markets and trading. Discover which banks led the increase and the factors behind the surge.
Citigroup forecasts the STOXX 600 index will reach 640 by the end of 2026, citing supportive fiscal policies as a key driver. Get the full analysis and market implications.
The Saskatchewan government has announced an additional $1 billion in new spending. Get the details on where the funds are allocated and the provincial fiscal outlook.
Canada's fiscal watchdog says Ottawa should seek House of Commons approval to alter key fiscal targets, like the recently abandoned debt-to-GDP anchor. Read the latest on federal spending.
Canada's interim parliamentary budget officer, Jason Jacques, reversed his 'cliff' warning after reviewing Budget 2025, now deeming federal finances sustainable. Read the full analysis.
Tax expert Kim Moody warns that ignoring fiscal reality and using deceptive accounting could force future tax hikes on Canadians. Read the analysis of the 2025 Public Accounts.
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.
Quebec Finance Minister Eric Girard warns that ending free trade with the U.S. would jeopardize fiscal balance. Learn how this impacts Canada's economic stability.
The Canadian government reported a $16.1 billion budgetary deficit for the April-to-September period amid economic challenges. Get the latest fiscal update and analysis.
Alberta's budget deficit remains at $6.4 billion according to the second quarter fiscal update. Finance Minister Nate Horner provides insights on provincial finances and economic outlook.
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.
Morningstar DBRS warns sovereign debt outlook worsening for 2026 due to geopolitical tensions and trade wars. Canada faces tariff risks from U.S. protectionist policies.
Canada's parliamentary budget officer demands better fiscal transparency after Liberal government shifts economic anchors. Read the latest developments.
New research reveals Mark Carney's government may be repeating Justin Trudeau's fiscal forecasting errors. Learn how optimistic budgeting affects Canada's economy.
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.
Analysis reveals Ontario's Doug Ford and former PM Justin Trudeau pursued strikingly similar fiscal approaches despite different political rhetoric on spending and taxes.
Canadian readers debate the economic impact of government deficits and the 'generational' budget, offering contrasting views on fiscal policy and public investment.
Interim Parliamentary Budget Officer Jason Jacques confirms he will apply for the permanent role, bringing continuity to Canada's fiscal oversight. Learn about his qualifications and vision.
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.
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.
Federalist CEO Sean Davis delivers harsh criticism of Trump and GOP strategy, warning of political consequences without major changes. Read the explosive details.
Canada's 2025 federal budget reveals sweeping economic reforms with Mark Carney's influence evident. Discover how businesses are reacting to new fiscal policies and what it means for the Canadian economy.