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Tag Archives: deficit

Manitoba projects deficit close to $2B, partly due to Hydro losses – Winnipeg

By The Staff The Canadian Press Posted March 22, 2024 12:46 pm 1 min read Descrease article font size Increase article font size The Manitoba government says the deficit has increased again, due in part to losses at Manitoba Hydro, a tax cut and health-care collective agreements. Finance Minister Adrien Sala says the deficit …

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Quebec to table budget on March 12 amid warnings of larger deficit – Montreal

By Staff The Canadian Press Posted February 22, 2024 11:16 am 1 min read Descrease article font size Increase article font size The Quebec government will present a budget on March 12 that is expected to have a larger deficit than originally estimated. Quebec’s Finance Minister Eric Girard said Thursday …

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‘No austerity,’ despite bigger deficit due to spending on Quebec teachers: Legault

Premier François Legault said Sunday the ramp-up in spending on education pledged by his government will go a long way to supporting Quebec’s teachers and students — and prompt a bigger budget deficit. At a news conference, Legault said agreements recently hammered out with unions will see the province “invest …

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Could gambling help Manitoba address its deficit? Heads turn after MBLL mandate – Winnipeg

As the Manitoba government faces down a projected $1.6-billion deficit, could an expansion of the province’s gaming industry help? Earlier this week, the NDP government appointed new members to the Manitoba Liquor and Lotteries (MBLL) board, with a mandate to “work collaboratively with stakeholders to lift the pause on gaming …

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Saskatchewan projects $250M deficit in mid year financial report, down $1.3B

Descrease article font size Increase article font size The Saskatchewan government is forecasting a $250-million deficit this fiscal year due to higher expenses related to the summer drought. The mid-year financial report says the deficit puts Saskatchewan down $1.3 billion from budget, as the province had initially forecast a surplus …

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Toronto exploring new taxes, parking levy to tackle budget deficit – Toronto

By Staff The Canadian Press Posted August 17, 2023 11:43 am Descrease article font size Increase article font size Officials in Toronto are proposing several measures to tackle the budget crisis facing Canada’s largest city, including raising the land-transfer tax on high-value homes, increasing the vacant homes tax from one …

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Leafs erase 3-goal deficit with 5-4 OT win over Lightning

Alexander Kerfoot scored on a power play at 4:14 of overtime as the Toronto Maple Leafs roared back from a 4-1 deficit in the third period to defeat the Tampa Bay Lightning 5-4 on Monday and take a commanding 3-1 lead in their first-round playoff series. With Mikaeil Sergachev in the penalty box …

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Jets rally from three-goal deficit but lose to Vegas in double overtime – Winnipeg

It’s been almost five years since Winnipeg fans have witnessed, in person, the Jets pick up a playoff win on home ice. The Vegas Golden Knights ensured they’d have to wait a little longer thanks to a wild 5-4 double overtime win at the Canada Life Centre Saturday afternoon. The …

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COP15: Countries must overcome ‘trust deficit,’ UN official says at biodiversity talks

The Deputy Secretary-General of the United Nations says the ongoing tension around public financing to save nature stem from a “trust deficit” because wealthier countries have failed to fulfil their financing promises to developing nations in the past. Amina Mohammed joined the COP15 nature talks in Montreal this week as …

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