Budget Surplus
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Council committee to discuss $31-million surplus in London, Ont., budget on MondayLondon, Ont., posted a $31-million surplus in 2023, thanks largely to investment returns. A councillor warns, however, that the fresh funds are unlikely to be used to lower taxes.PoliticsApr 14
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New Brunswick Opposition parties say they’ll be skeptical of numbers in upcoming budgetTwo years in a row the province has vastly underestimated tax revenues, leading to growing surpluses throughout the year.PoliticsMar 15, 2023
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How New Brunswick’s projected surplus has ballooned to $800M more than anticipatedNew Brunswick's projected surplus has grown by about $800 million since the budget was tabled last March.PoliticsFeb 15, 2023
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Finance minister credits federal transfers for keeping New Brunswick in the blackThe government is now projecting a $37.7-million surplus for the 2021-2022 fiscal year instead of a budgeted deficit of $244.8 million.CanadaOct 13, 2021
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Second quarter results indicate New Brunswick on track for budget surplusFinance Minister Ernie Steeves says despite the positive results, the province is still not in a position to spend more.EconomyNov 15, 2019
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Nova Scotia records higher-than-expected budget surplus in 2018-19Audited financial statements released today say the figure is $90.6 million higher than the original budget estimate.PoliticsJul 25, 2019
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City of Kingston records $3.9M budget surplus, will direct extra funds to reserve accountsThe city has a long-standing policy to tuck away any operating budget surpluses into its reserve accounts for future capital needs and unforeseen expenses.PoliticsJun 4, 2019
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Peterborough Police Service looks to cash in on near $395,000 budget surplusPeterborough police have a surplus of nearly $400,000 from last year's budget.CrimeApr 4, 2019
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B.C. budget surplus climbs even with mounting losses at ICBC, wildfire fightingThe B.C. government is now projecting a $1.35 billion surplus for the 2018-19 fiscal year, up from a projected $219 million surplus in February's budget.EconomyNov 26, 2018
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N.S. projects increased budget surplus of $34.5 million for 2018-19The government says additional appropriations totalling $115.9 million are needed, including an additional $70.8 million for health care.CanadaSep 27, 2018
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