Author: admin
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Economic update projects Canada’s deficit $11B lower
The April update puts the 2025-26 deficit at $66.9 billion — $11.5 billion lower than the figure announced in the November budget. The federal government typically presents updates between its annual budgets to revise its fiscal projections and sprinkle in new spending initiatives.
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Federal government targets sport participation with $660 million pledge to sport organizations
The federal government is targeting participation in sport with $660 million pledged to national sport organizations over five years. That comes after a commission studying the future of sport in Canada found a “widespread funding crisis” has made sport unsafe.
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N.L. investigators found presumed blood stains in garage years after alleged murder, court hears
A forensics investigation specialist with the RCMP says police found what it presumed to be blood stains inside the garage of Dean Penney in 2023, seven years after a fight that allegedly ended with Jennifer Hillier-Penney’s death.
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An extended ‘honeymoon’ not seen since Ralph Klein: poll shows strong support for Alberta’s UCP
Three years into her mandate, Premier Danielle Smith and her United Conservative Party government continue to enjoy solid approval ratings — and would increase the size of their majority if an election was held today, according to new polling for CBC News by Janet Brown Opinion Research.
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School board supervisors won’t be allowed to speak with media, education minister says
Ontario’s education minister said supervisors appointed by the province to take over from school trustees will not be allowed to speak to reporters, saying he wants them to focus on fixing problem school boards.
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Federal deficit smaller than expected in spring economic update, but with $37.5B in extra spending
OTTAWA — Prime Minister Mark Carney’s spring fiscal update showed a smaller than projected budget shortfall of $66.9 billion for the fiscal year that just ended, thanks to a Canadian economy that performed stronger than expected and increased personal and corporate income tax revenues. Tuesday’s deficit figure is $11.4 billion below what was projected in…
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Banning crypto ATMS, saving the whales and Olympic economics: Carney’s mini-budget casts a wide fiscal net
OTTAWA — Prime Minister Mark Carney is nothing if not consistent, so it was no surprise when his government introduced his spring economic update “Canada Strong, For All.” The document tabled Tuesday has a slightly lower deficit of $66.9 billion for the past year due to improved fiscal outcomes. But there is still lots of…
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What you won’t find in Carney’s mini-budget: More public sector cuts, real comparisons and details
OTTAWA — While it included mostly tepid steps in response to what Prime Minister Mark Carney has called a period of ruptures, Tuesday’s spring economic update was not without substance. For example, the document tabled Tuesday has a slightly lower deficit of $66.9 billion for the past year due to improved fiscal outcomes, and a…
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Read the full text of Canada’s 2026 spring economic update
Finance Minister François-Philippe Champagne has tabled the 2026 spring economic update. The fiscal update showed a smaller than projected budget deficit of $66.9 billion for the fiscal year. However, revenue projections have increased compared to the 2025 budget presented last fall, meaning the government has decided to spend more money. New measures outlined in Prime…
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Gun used in fatal shooting at Lambton College campus bar originated in U.S. state of Georgia, police say
The firearm was used in a shooting at the Lambton College campus bar earlier this month – a shooting that left a 20-year-old man dead.