October 31, 2024
Recent changes to the federal immigration plan weren’t accounted for in the underlying economic assumptions, adding downside risk to the fiscal plan.
September 18, 2024
The Canadian economy has continued to underperform global peers with declines in per-capita output in seven of the last eight quarters.
June 12, 2024
The global economic growth backdrop has shown signs of improvement, but Canada’s economy continues to underperform.
April 16, 2024
Budget 2024 showed a slightly worse bottom line throughout the federal government’s fiscal plan compared to previous estimates but kept...
April 3, 2024
The provincial debt burden is expected to be the heaviest on record, reaching 39.1% of gross domestic product by fiscal 2025-26.
March 27, 2024
Province anticipates $9.8 billion deficit, scrapping last year’s plan for a surplus ($200 million) in 2024-25. Return to balance has...
March 22, 2024
Newfoundland and Labrador projects a $152 million budget shortfall in 2024-25, scrapping surplus plans for the upcoming fiscal year. Revenues...
March 21, 2024
A $483 million deficit now replaces the previous billion-dollar surplus projection in 2023-24 after an unexpected surge in crop insurance...
March 20, 2024
New Brunswick projects a $41 million surplus in 2024-25—marking the seventh year it’s kept the books in the black.
March 13, 2024
Quebec expects deeper budget deficits over the next six years and delays plan to return to a balance to 2029-2030.
March 12, 2024
The Canadian economy is still slowing as the lagged impact of earlier interest rate increases materialize. Gross domestic product edged...
March 1, 2024
E.I. deficit to linger around the year-ago level ($86 million) in fiscal 2024-25 with no plans for balance over the fiscal planning horizon.