deficit

Canada

Holt Liberals project $549-million deficit in their first N.B. budget

The Holt Liberal government in New Brunswick is facing significant budget deficits for the foreseeable future. Finance Minister René Legacy…

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Nova Scotia

N.S. government tables deficit budget with more talk about resource development

Nova Scotia’s finance minister, John Lohr, recently presented the province’s budget, fulfilling campaign promises amidst economic uncertainty. The budget forecasts…

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Politics

Liberal leadership hopeful Mark Carney says he’d run a deficit to ‘invest and grow’ Canada’s economy

Mark Carney, a prominent figure in Canadian finance, has officially confirmed his intention to lead the Liberal Party and possibly…

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Politics

Trump claims the trade deficit with Canada is a $200B subsidy. Experts disagree

U.S. President Donald Trump’s claim that his country subsidizes Canada with hundreds of billions of dollars every year has sparked…

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US Election 2024

City of Oakland’s $129.8 million budget deficit to close seven fire stations

Oakland, California is facing a dire situation as the city grapples with a $129.8 million budget deficit that could potentially…

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Health

Quebec cuts 1,000 health-care jobs in a month as it tackles deficit

The recent surge in job cuts within Quebec’s health network has sparked concerns as the province grapples with a $1.5…

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Politics

First Nations leaders blast feds for attributing deficit overrun to Indigenous legal claims

First Nations leaders are expressing outrage and demanding an apology from the federal government after it was revealed that the…

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Canada

Projected deficit in Manitoba up half a billion dollars, finance minister says

The latest mid-year report from Finance Minister Adrien Sala has revealed some concerning news for Manitoba’s fiscal situation. The projected…

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Politics

Freeland’s resignation pushes deficit news to one side on a very strange day in Canadian politics

Monday’s media lockup for the Fall Economic Statement (FES) will be remembered as a bizarre and historic event in Canadian…

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Business

Federal deficit balloons to $61.9B as government tables economic update on chaotic day in Ottawa

The federal government tabled a fall economic statement Monday that calls for more than $20 billion in new spending and explains…

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