Budget Deficit

• LHSC reports $78-million deficit in 2023-24 fiscal year

  LHSC is facing major budget pressures due to continued pandemic recovery among other factors, which resulted in $2 million more than projected in the deficit.

  Health

  Jun 26, 2024
  
• Feds post $4.3 billion deficit as high interest rates grow public debt charges

  In its monthly fiscal monitor, the Finance Department says this compares to a surplus of $3.9 billion during the same period of the 2022-23 fiscal year.

  Politics

  Oct 27, 2023
  
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• Wildfires, weak natural gas prices push B.C.’s projected deficit to $6.7 billion

  Higher costs to fight wildfires and lower natural gas prices have forced a $2.5-billion addition of B.C.'s projected deficit for this fiscal year, boosting it to $6.7 billion.

  Politics

  Sep 27, 2023
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• B.C. budget: $4.2B deficit forecast amid new program spending, economic headwinds

  The British Columbia government is projecting a more than $4 billion deficit in a 2023-2024 budget packed with new spending aimed at health care and affordability measures.

  Politics

  Feb 28, 2023
• B.C. provincial budget deficit climbs to $13.6 billion; ICBC makes money

  Finance Minister Selina Robinson said the province is also expecting another $1.4 billion in revenue from the first-quarter fiscal update.

  Economy

  Dec 17, 2020
• “It costs the taxpayer”: Some Vancouver playgrounds fenced off due to COVID-19 scofflaws

  The Vancouver Park Board has been forced to spend an estimated $7,000 on temporary fencing to secure playgrounds and outdoor exercise areas after people ripped down yellow tape daily to access the closed areas.

  Politics

  May 4, 2020
• Prince Edward Island announces COVID-19 has put 2019-20 budget into deficit

  Finance Minister Darlene Compton announced late Friday that the 2019-20 deficit is due to the COVID-19 pandemic driving up costs and reducing revenues.

  Health

  Apr 3, 2020
• ‘Fundamental review’ of Saint John Transit service in the works

  City officials say they hope the review can find up to $2 million in efficiencies.

  Canada

  Dec 5, 2019
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• Federal government ran $14 billion deficit in 2018-19

  Revenues in 2018-19 expanded by $21 billion - or 6.7 per cent - compared to the previous year, said the report released Tuesday.

  Canada

  Sep 17, 2019
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• Balanced budget? A look at why federal leaders aren’t in a rush

  Canada is on track to post multibillion-dollar shortfalls over the next six years, in large part because of the Liberals' investments in social programs and infrastructure.

  Politics

  Sep 15, 2019