Deficit
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B.C.’s projected deficit grows again to $9.4 billion in latest fiscal updateThe 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.EconomyDec 17, 2024
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‘Wake-up call’: Business Council of B.C. says provincial deficit unsustainableB.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.PoliticsNov 20, 2024
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Keeping up with Winnipeg infrastructure: A struggle between growth and efficiencyThe City of Winnipeg is dealing with ongoing infrastructure challenges as the city continues to grow and infrastructure to support it continues to age.CanadaMay 2, 2024
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Manitoba projects deficit close to $2B, government launches health-care auditsThe Manitoba government issued a new, higher deficit projection Friday and announced financial audits of health authorities to crack down on what it called overspending.PoliticsMar 22, 2024
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Mixed reaction to B.C.’s free-spending election year budgetFrom delight to outrage, here's what people are saying about the 2024 British Columbia budget.EconomyFeb 22, 2024
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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.PoliticsFeb 21, 2024
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Winnipeg forecasting millions of dollars in deficit as part of 2023 budgetThe 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.EconomyJan 8, 2024
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Manitoba’s fiscal recovery: $1.6B deficit tackled with health, housing, and gas tax reliefThe Manitoba government is acting on the $1.6 billion deficit using a new fiscal strategy which Finance Minister Adrien Sala announced on Wednesday.EconomyDec 13, 2023
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Manitoba headed for billion-dollar deficit, according to latest financial reportManitoba'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.EconomyDec 5, 2023
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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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