PLANT

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.