'I can't absorb this': East Hants bulk water deliverers say rate hike will affect customers
The municipality says the water utility it is not permitted to make a profit or run a deficit, and has been losing money for the past couple of years. Water rates have not increased since 2019.
https://www.cbc.ca/news/canada/nova-scotia/i-can-t-absorb-this-east-hants-bulk-water-deliverers-say-rate-hike-will-affect-customers-9.7166729?cmp=rss

How did New Brunswick go from billion-dollar surpluses to billion-dollar deficits?
In 2023, the province posted a surplus of $1 billion. This year, it’s projecting a deficit of $1.39 billion.
https://www.cbc.ca/player/play/9.7164975?cmp=rss

#IMF: the #global #fiscal #deficit remained at 5% of #GDP in 2025. Gross public debt rose to 94% of GDP and is projected to reach 100% by 2029—one year earlier than expected just a year ago. #Publicfinances in many countries are weaker than before the pandemic.

‘A major red flag’: Some groups sound alarm over P.E.I.’s latest budget deficit
Prince Edward Island’s latest operating budget, which projects another record deficit, is raising alarm among advocacy groups that say the province needs to take a closer look at how it spends money.
https://www.cbc.ca/news/canada/prince-edward-island/pei-groups-sound-alarm-pei-budget-deficit-9.7164420?cmp=rss

Transit Windsor's $8M deficit driven by ridership drops, frozen provincial funding and 'startling' sick days
Council heard this week that Transit Windsor's deficit was driven by the drop in International Students, provincial funding not meeting expectations, and a "startling" number of employee sick days.
https://www.cbc.ca/news/canada/windsor/transit-windsor-deficit-council-city-province-9.7164179?cmp=rss

Opposition calls P.E.I. government spending 'reckless' as record deficit balloons again
The leaders of Prince Edward Island's opposition parties say the province's growing deficit is unsustainable, and they're questioning the Progressive Conservative government's ability to lead Islanders.
https://www.cbc.ca/news/canada/prince-edward-island/pei-budget-deficit-opposition-reaction-9.7163785?cmp=rss

P.E.I. finance minister talks ‘gruelling’ budget and another record deficit
The provincial government delivered its 2026-27 operating budget Tuesday, and it projects another record deficit topping $400 million. CBC News: Compass host Louise Martin sat down with P.E.I. Finance Minister Jill Burridge about how the province is trying to reduce costs, but still deliver services to Islanders.
https://www.cbc.ca/player/play/9.7163871?cmp=rss

P.E.I. government projects $410M deficit, warns of tough choices ahead
Prince Edward Island is projecting another record deficit for the 2026-27 fiscal year, and according to the latest operating budget tabled Tuesday by Finance Minister Jill Burridge, the government faces difficult decisions — including a move that will see Islanders' electricity bills rise.
https://www.cbc.ca/news/canada/prince-edward-island/pei-operating-budget-2026-2027-9.7163389?cmp=rss

Bourque powers Stars over Maple Leafs 6-5
Mavrik Bourque registered his first NHL hat trick and added an assist as the Dallas Stars came back from 3-0 and 5-3 deficits to top the Toronto Maple Leafs 6-5 on Monday.
#Sports #Hockey #Leafs #Leafshockey
https://globalnews.ca/news/11800198/bourque-powers-stars-over-maple-leafs-6-5/