Budget Deficit
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Feds post $4.3 billion deficit as high interest rates grow public debt chargesIn 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.PoliticsOct 27, 2023
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Wildfires, weak natural gas prices push B.C.’s projected deficit to $6.7 billionHigher 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.PoliticsSep 27, 2023
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B.C. budget: $4.2B deficit forecast amid new program spending, economic headwindsThe 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.PoliticsFeb 28, 2023
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B.C. provincial budget deficit climbs to $13.6 billion; ICBC makes moneyFinance Minister Selina Robinson said the province is also expecting another $1.4 billion in revenue from the first-quarter fiscal update.EconomyDec 17, 2020
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“It costs the taxpayer”: Some Vancouver playgrounds fenced off due to COVID-19 scofflawsThe 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.PoliticsMay 4, 2020
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Prince Edward Island announces COVID-19 has put 2019-20 budget into deficitFinance Minister Darlene Compton announced late Friday that the 2019-20 deficit is due to the COVID-19 pandemic driving up costs and reducing revenues.HealthApr 3, 2020
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‘Fundamental review’ of Saint John Transit service in the worksCity officials say they hope the review can find up to $2 million in efficiencies.CanadaDec 5, 2019
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Federal government ran $14 billion deficit in 2018-19Revenues in 2018-19 expanded by $21 billion - or 6.7 per cent - compared to the previous year, said the report released Tuesday.CanadaSep 17, 2019
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Balanced budget? A look at why federal leaders aren’t in a rushCanada 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.PoliticsSep 15, 2019
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Thames Valley District School Board projects deficit twice the size of last year’sThe preliminary budget for the public school board shows that it will carry a $4.6-million deficit into the next school year — double the size of last year's deficit.EducationJun 4, 2019
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