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News Government Manufacturing Economy General
December 3, 2020  

Liberals introduce bill for new COVID-19 spending after economic update

Making passage of the legislation a confidence vote that could trigger an election if it doesn’t garner the necessary support.

Insight Government Manufacturing Economy General
December 3, 2020  

How we deal with our ever-rising nation debt?

Federal deficit of $381 billion and a debt exceeding $1 trillion, just under 50% of gross domestic product.

News Government Manufacturing Economy General
December 1, 2020  

Highlights of the federal government’s fiscal update

Freeland budget is borrowing, taxing, tax breaks and rolling out the money for businesses and families.

News Government Manufacturing Economy General
November 30, 2020  

Spending too little worse than spending too much: Freeland

Federal government’s record deficit is more than $381 billion but she calls it affordable, given low interest rates.

News Government Manufacturing Economy General
November 25, 2020  

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.

News Government Economy General
November 19, 2020  

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.

News Government Economy General
September 1, 2020  

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.

News Government Economy General
August 12, 2020  

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.

News Government General
July 14, 2020  

Canadians torn on scaling back COVID-19 benefits to save money: poll

Opinion split almost in half as government projects a $343 billion deficit.

News Government General
July 13, 2020  

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

News Government Manufacturing Economy General
July 8, 2020  

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.

News Manufacturing Economy General
July 2, 2020  

Trade deficit narrowed in May as exports rose, imports fell again

Contracted to $677 million in May compared with $4.3 billion in April.

News Government Economy
May 28, 2020  

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.

News Government Manufacturing Economy General
January 15, 2020  

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.

News Manufacturing Economy General
November 6, 2019  

Trade deficit narrowed to $978M in September: Statistics Canada

Broad-based weakness across the major export categories, a similar story for imports.

News Government Manufacturing General
September 25, 2019  

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.

News Government Manufacturing Economy General
August 22, 2019  

Report shows US deficit to exceed $1 trillion next year

CBO says the US fiscal outlook is challenging, and on “an unsustainable course.”

News General
April 11, 2019  

Ontario’s path to a balanced budget will be responsible, Ford says

Premier Doug Ford has promised to eliminate a $13.5 billion deficit.

News Government Manufacturing Economy General
March 11, 2019  

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.

Insight Government Manufacturing Economy General
January 29, 2019  

Federal spending dangerously near record Canadian levels

Increasing the size and role of government comes with larger deficits, mounting debt and/or tax increases.

News Government General
December 17, 2018  

Canada’s robust credit rating should calm fears about federal deficits: Trudeau

One expert says credit ratings can be misleading.

News Government Manufacturing General
December 11, 2018  

Ontario’s deficit to rise $500M to $12.3B this year: watchdog

Attributes change to Ford cancelling cap-and-trade, reversing several tax increases, weaker economic forecast.

News Government General
October 25, 2018  

Ottawa to run bigger than expected deficits over coming years

Feds are on pace to post a $19.4-billion deficit in 2018-19, $1.3 billion higher than the projection in last February’s budget.

News Manufacturing Economy General
August 7, 2018  

Canada’s June trade numbers strong despite US tariffs on metals

Smallest deficit since January 2017, fuelled by an increase in the value of total exports of 4.1%.

News Aerospace Automotive Chemicals Construction Electronics Energy Food & Beverage Forestry Government Manufacturing Metals Minerals Oil & Gas Pulp & Paper Transportation Economy General
June 6, 2018  

Statistics Canada says trade deficit narrowed to $1.9B in April

Canadian exporters in for a rough ride, says TD.

News Government Manufacturing Economy General
May 2, 2018  

Ouch again! FAO says Ontario deficit to jump almost $12B this year

Spending plan will add about $70 billion to the net debt, increasing it to almost $400 billion in 2020-21.

News Government Manufacturing General
April 23, 2018  

Trudeau government to post deficits $8B bigger than expected next two years

Liberals will post a $22.1-billion shortfall this fiscal year, $4 billion more than $18.1 billion projection.

News Economy General
April 5, 2018  

Trade deficit grows to $2.7B in February: Statistics Canada

Surplus with the United States narrowed to $2.6 billion compared with $2.9 billion in January.

News Government Manufacturing Economy General
March 28, 2018  

Debt mounts as Ontario moves back into deficit ahead of election

Deficit of $6.7 billion as Liberals’ decision reverses a key promise to stay in the black this year.

News Manufacturing Economy General
March 21, 2018  

Scotiabank CEO downplays concerns raised over Canadian debt levels

Porter says IMF should look at the “other side of the balance sheet” which has kept pace or outgrown the size of the debt.

News Government Manufacturing Economy General
March 14, 2018  

Exports are suffering in business-unfriendly Canada: MLI report

Firms are reluctant to commit to investments in Ontario and Quebec with uncertainty surrounding NAFTA talks.

News Government Manufacturing Economy General
March 8, 2018  

Ontario will not have balanced budget on March 28: Sousa

Province will run a deficit of less than 1% of GDP starting next year, no dollar amount provided.