Alberta outlook improves but budget deficit $21.3B: finance minister
Province’s economy hit by COVID-19 pandemic, the drop in oil prices and a global economic contraction.
Spending restraints shouldn’t be jettisoned because of pandemic
Former budget watchdog says government should move away from spending to stimulate the economy as conditions improve.
COVID-19 turns BC’s 2019-20 budget surplus to $321M deficit
Declines in tax revenues, losses at the Insurance Corporation of British Columbia and early measures to tackle the pandemic.
Ontario budget deficit projected to jump to $38.5B in 2020-2021
Province spent billions to support the health-care sector and help businesses and residents weather the storm.
Canadians torn on scaling back COVID-19 benefits to save money: poll
Opinion split almost in half as government projects a $343 billion deficit.
With debt, deficit numbers out, experts say Liberals need plan for growth
Late last year, the government forecast this year’s deficit at $28.1 billion. Now that figure is at $343.2 billion
Liberals foresee high unemployment, $343B deficit due to COVID-19
Fiscal snapshot foresees a slow return to a new normal, with low economic growth to at least the end of 2021.
Trade deficit narrowed in May as exports rose, imports fell again
Contracted to $677 million in May compared with $4.3 billion in April.
Federal deficit likely reached $260B due to COVID-19: PBO
Finances could be helped by an economic recovery that would help lessen the red ink.
Recurring federal deficits could be risky for future generations: study
Federal debt should reach $713 billion at the end of the current fiscal year and grow to $810 billion by 2024-2025.
Trade deficit narrowed to $978M in September: Statistics Canada
Broad-based weakness across the major export categories, a similar story for imports.
Election 2019: Scheer, Trudeau spar over climate pledges [UPDATED]
Green Leader May offered a detailed spending breakdown, pledging to balance the federal budget by 2024.
Report shows US deficit to exceed $1 trillion next year
CBO says the US fiscal outlook is challenging, and on “an unsustainable course.”
Ontario’s path to a balanced budget will be responsible, Ford says
Premier Doug Ford has promised to eliminate a $13.5 billion deficit.
Trump’s record $4.7T budget relies on strong growth
Deficit is projected to hit $1.1 trillion in the 2020 fiscal year, the highest in a decade.