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Tag Archives:
Deficit
Sask. first-quarter budget update projects deficit of $2.1B in 2020-21
Saskatchewan's finances are looking a bit better after the first quarter of the fiscal year than they were at the mid-June full budget release. The Government of Saskatchewan is projecting a $2.1-bill...
CJME News
Aug 27, 2020
Saskatchewan Finance Minister Donna Harpauer. (Lisa Schick/980 CJME file photo)
Canadians torn on scaling back COVID-19 benefits to save money: poll
OTTAWA - A new poll suggests Canadians are torn on whether the federal government should tighten the taps on COVID-19 spending to keep the deficit from flooding the nation's future. The Liberals last ...
The Canadian Press
Jul 14, 2020
THE CANADIAN PRESS/Sean Kilpatrick
City facing deficit in 2021 due to COVID-19, Fougere says
The City of Regina's budget forecast for 2021 is a cloudy one because of COVID-19. Members of city council got a preliminary look at projections during a priorities and planning committee meeting Mond...
CJME News
Jul 07, 2020
(980 CJME file photo)
Saskatchewan posts $319M deficit in the wake of COVID-19
The provincial government says the final results for the 2019-20 fiscal year show a $319-million deficit. In a release, the government said that’s attributable to a steep revenue decline in the ...
CJME News
Jun 30, 2020
STF president disappointed no extra money in Sask. budget for COVID-19 related school safety measures
As the provincial government announced its full 2020-21 budget, Saskatchewan Teachers' Federation President Patrick Maze said he was not only surprised, but disappointed it didn't specifically contain...
CJME News
Jun 16, 2020
Saskatchewan Teachers' Federation president Patrick Maze. (File photo by Lisa Schick/980 CJME)
Saskatoon city council approves emergency financial measures to shrink COVID-19 deficit
Saskatoon city council is taking a first step towards lessening the blow of a budget deficit caused by COVID-19. Councillors voted 10-1 Monday in favour of a host of recommendations that will apply to...
CJME News
Apr 27, 2020
Saskatoon facing budget deficit between $20M to $43M due to COVID-19 restrictions
Saskatoon city council may have to make some extremely difficult decisions in coming months, as the City grapples with a big hit to its revenues during the COVID-19 pandemic. City reports released Fri...
CJME News
Apr 24, 2020
Liberals’ fiscal update shows billions more in deficits but steady economy
OTTAWA - Canada's federal budget deficit will be billions of dollars deeper than it was supposed to be this year and next, the Finance Department says, as the Liberals promise to keep spending to keep...
The Canadian Press
Dec 16, 2019
Federal government posts $14B shortfall in 2018-19
OTTAWA - The federal government ran a $14-billion deficit in 2018-19, according to its latest annual financial report, the third year in a row with a shortfall bigger than $10 billion. The deficit for...
The Canadian Press
Sep 17, 2019
THE CANADIAN PRESS/Sean Kilpatrick
Feds’ books still on pace for $15B deficit despite surplus through most of '18-19
OTTAWA - The Trudeau government says it remains on track to post a budgetary shortfall of about $15 billion in 2018-19 even though a new estimate says the federal books ran a $3.1-billion surplus thro...
The Canadian Press
Apr 26, 2019
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