deficit

Politics

Government releases economic statement today as Freeland faces heavy pressure over deficit

The federal government has finally unveiled its highly anticipated fall economic statement, putting an end to weeks of speculation about…

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US Election 2024

Outgoing Treasury Sec. Yellen ‘sorry that we haven’t made more progress,’ believes deficit must be decreased

Outgoing Treasury Secretary Janet Yellen recently expressed her concerns about fiscal sustainability and the need to decrease the deficit. Speaking…

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Politics

Freeland doesn’t commit to meeting her own deficit target in fall economic statement

Finance Minister Chrystia Freeland is facing scrutiny over the government’s fiscal targets as the Liberal government prepares for an upcoming…

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Canada

Projecting $50M deficit, Mohawk College president warns of layoffs, blames government policies

The president of Mohawk College, Paul Armstrong, recently revealed that the institution is facing a $50-million deficit in the 2025-2026…

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Politics

PBO says deficit likely exceeded Liberals’ $40B pledge, economy to rebound in 2025

Politics The parliamentary budget officer says the federal government likely failed to keep its deficit below its promised $40 billion…

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Nova Scotia

Budget update shows increased deficit, but history shows not to bank on that

Nova Scotia Finance Minister Allan MacMaster continued a trend of his Tory government on Friday when his first provincial budget…

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Nova Scotia

Nova Scotia posts $143M surplus rather than expected $279M deficit

Nova Scotia closed the books on last year’s budget with a $143-million surplus rather than the $279-million deficit it predicted…

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