Deficit

• B.C.’s projected deficit grows again to $9.4 billion in latest fiscal update

  The forecasted deficit for 2024-2025 has grown by $429 million from the $8.9 billion estimated in the last fiscal update in September, mainly due to lower revenues.

  Economy

  Dec 17
  
• ‘Wake-up call’: Business Council of B.C. says provincial deficit unsustainable

  B.C.'s latest fiscal update forecasts an $8.9 billion deficit for 2024, the province's largest ever and something the Business Council of B.C. says is unsustainable.

  Politics

  Nov 20
  
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• Keeping up with Winnipeg infrastructure: A struggle between growth and efficiency

  The City of Winnipeg is dealing with ongoing infrastructure challenges as the city continues to grow and infrastructure to support it continues to age.

  Canada

  May 2
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• Manitoba projects deficit close to $2B, government launches health-care audits

  The Manitoba government issued a new, higher deficit projection Friday and announced financial audits of health authorities to crack down on what it called overspending.

  Politics

  Mar 22
• Mixed reaction to B.C.’s free-spending election year budget

  From delight to outrage, here's what people are saying about the 2024 British Columbia budget.

  Economy

  Feb 22
• Government spending, deficit to rise in B.C. provincial budget: minister

  'It is not the right time to make cuts to people, it is not the right time to make cuts to services, it is not the right time to raise taxes,' Finance Minister Katrine Conroy said.

  Politics

  Feb 21
• Winnipeg forecasting millions of dollars in deficit as part of 2023 budget

  The city is forecasting a deficit of $7.1 million for the end of November 2023. A report on the numbers is set to be heard by council on Jan. 12, 2024.

  Economy

  Jan 8
• Manitoba’s fiscal recovery: $1.6B deficit tackled with health, housing, and gas tax relief

  The Manitoba government is acting on the $1.6 billion deficit using a new fiscal strategy which Finance Minister Adrien Sala announced on Wednesday. 

  Economy

  Dec 13, 2023
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• Manitoba headed for billion-dollar deficit, according to latest financial report

  Manitoba's forecasted deficit is over a billion, according to the NDP government, which puts it higher than what was earlier forecasted in the first quarter for the year.

  Economy

  Dec 5, 2023
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• 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