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Listen to this article Estimated 3 minutes The audio version of this article is generated by text-to-speech, a technology based on artificial intelligence. Days before MPs are set to cast their vote on the Liberal budget, interim Parliamentary Budget Officer (PBO) Jason Jacques is calling the government’s accounting into question, …
Read More »Crackdown on ‘out-of-control’ trucking loophole promised in upcoming federal budget
The government says it’s earmarking money in the upcoming budget to crack down on a tax-evasion scheme the trucking industry has long derided as a $1-billion scam. The Canadian Trucking Alliance (CTA), the voice of the country’s trucking industry, has dubbed it “Driver Inc.” It occurs when companies try to …
Read More »As Musk melts down over budget bill, Trump threatens his government contracts
U.S. President Donald Trump and tech titan Elon Musk are feuding again, as Trump’s megabill — a budget reconciliation bill projected to add trillions to the country’s federal deficit — passes a vote in the Senate. Trump’s controversial spending bill has been the source of Musk’s ire since the beginning of …
Read More »Deficit to be $4.3B smaller than predicted, but spending plans remain obscure: budget report
The Parliamentary Budget Officer (PBO) says the deficit will be smaller than predicted but the Liberal government’s lack of clarity on fiscal planning has left Yves Giroux’s office unable to determine if the government’s spending plans are sustainable. The Economic and Fiscal Monitor released by Giroux’s office Thursday morning says that …
Read More »NASA faces cuts to rocket program and lunar space station in Trump’s 2026 budget
U.S. President Donald Trump’s administration is seeking to axe key parts of NASA’s moon program in favour of commercial alternatives and his Mars-focused agenda, targeting an array of established projects in a proposed $6-billion US cut to the space agency’s overall budget for next year. The “skinny” — or outline — version …
Read More »Trump tariffs could throw off Ford’s path to balanced Ontario budget
U.S. President Donald Trump’s chaotic trade war will loom large over Doug Ford’s provincial budget, with experts saying billions in financial aid to impacted workers and businesses will throw a wrench in the premier’s plan to balance Ontario’s books next year. Next month, Ford’s Progressive Conservatives are expected to unveil their …
Read More »N.L. tables stay-the-course budget with projected $372M deficit and record spending
Newfoundland and Labrador’s 2025 provincial budget responds to uncertainties related to United States tariffs. (Jenna Head/CBC) Newfoundland and Labrador has tabled a 2025-26 provincial budget that responds to uncertainty from the United States with record spending and record borrowing, while delaying its return to a balanced budget by another year. …
Read More »Punjab Budget Live: कोई नया कर नहीं, महिलाओं को एक हजार रुपये भी नहीं… बजट भाषण समाप्त
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Read More »Holt Liberals project $549-million deficit in their first N.B. budget
The Holt Liberal government is projecting large budget deficits as far as the eye can see. In his first provincial budget, Finance Minister René Legacy is projecting a fiscal shortfall of $549 million in the 2025-26 fiscal year. That deficit could go as high as $599 million if the province …
Read More »Apple ditches budget iPhone SE for pricier new entry model with AI
Apple announced Wednesday it is replacing its entry-level iPhone SE, which debuted in 2016, with a new, much pricier model that comes with many features previously reserved for the company’s more expensive handsets. Industry watchers were expecting the simple SE to be retired or upgraded, but some Canadian tech experts say the price uptick will put iPhones, …
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