CRA Implements Permanent Job Cuts Amid Fiscal Challenges
Friday, May 23, 2025, 11:21 am more...
Facing severe budget constraints, the Canada Revenue Agency is set to cut up to 280 permanent positions, primarily affecting its National Capital Region branches. The move, aimed at reducing costs, has ignited debate over its potential impact on public service efficiency.
permalink / 4 stories from sources in 5 hours ago #federal #budget #employment #canada +
Trump tax bill passes House, heads to Senate showdown
Thursday, May 22, 2025, 8:21 am more...
In a high-stakes legislative sprint, the U.S. House narrowly approved President Trump’s expansive tax bill, a package blending tax cuts with spending reductions. With the bill now en route to the Senate for potential amendments, critics and supporters alike are bracing for the next round in this political tug-of-war.
permalink / 2 stories from sources in 32 hours ago #senate #budget #trump +
Ontario Budget Reveals Debt Surge and Industry Support Measures
Wednesday, May 21, 2025, 5:20 am more...
Ontario’s provincial budget announcement by the Ford government has sparked contrasting reactions. Official forecasts warn that the province’s net debt could exceed half a trillion dollars by 2027, while local wineries and breweries warmly welcome targeted fiscal measures such as the Ontario Grape Support program designed to bolster the industry amid economic uncertainty.
permalink / 4 stories from sources in 2 days ago #provincial #economy #budget #ontario +
BC Government Axes Dubious Downtown Eastside Consultancy Contract
Tuesday, May 20, 2025, 5:21 pm more...
British Columbia’s provincial leaders pulled the plug on a controversial consultancy meant to revamp Vancouver’s troubled Downtown Eastside. Facing heavy criticism over opaque processes and suspected political favoritism, officials decided that transparency trumps patronage in addressing urban challenges—even if it means admitting past missteps.
permalink / 4 stories from sources in 2 days ago #politics #provincial #budget #bc +
Vancouver councillors demand tighter oversight on municipal spending
Tuesday, May 20, 2025, 2:21 pm more...
Four Metro Vancouver area councillors have banded together to demand increased provincial oversight of municipal spending following allegations of misuse in a city hall gift card program. Their petition underscores mounting frustrations over public funds management, ensuring that every loose buck is brought under scrutiny.
permalink / 3 stories from sources in 3 days ago #politics #budget #bc #vancouver +
Federal Budget Deferred to Fall Announcement
Sunday, May 18, 2025, 10:20 am more...
Federal officials have confirmed that the federal budget will be postponed from its spring slot to a fall unveiling. Insisting on a more deliberate process, government leaders, including Carney, defended the delay as necessary for fiscal prudence and comprehensive planning.
permalink / 4 stories from sources in 5 days ago #federal #finance #budget #canada +
Moody’s strips U.S. debt of AAA rating over soaring deficits
Friday, May 16, 2025, 7:20 pm more...
Moody’s has downgraded the U.S. debt from its coveted AAA rating, citing unbridled national deficits and rising borrowing costs. Critics wryly note that fiscal responsibility appears to be on an extended vacation, while investors and policymakers brace for a more turbulent financial future.
permalink / 2 stories from sources in 6 days ago #federal #economy #finance #budget +
Ontario invests $38M to revitalize Wasaga Beach tourism hub
Friday, May 16, 2025, 2:21 pm more...
Ontario is set to invest approximately $38 million to revamp Wasaga Beach, a pivotal tourism hub. The project includes rebuilding historic sites such as the Nancy Island Historic Site, with hopes of boosting the local economy and enhancing the area's cultural appeal for long‑term community benefits.
permalink / 2 stories from sources in 7 days ago #budget #infrastructure #ontario +
NAIT pauses 18 programs amid financial and enrollment review
Thursday, May 15, 2025, 7:21 pm more...
The Northern Alberta Institute of Technology announced it is pausing 18 programs in response to financial and enrollment concerns. This strategic review targets enhancing alignment between student needs and industry demands, leaving hundreds of students seeking alternatives while the institution reassesses its program portfolio.
permalink / 2 stories from sources in 7 days ago #budget #education #employment #albert +
Ontario Tabled 2025 Budget Ignites Heated Fiscal Debate
Thursday, May 15, 2025, 5:21 pm more...
Ontario’s 2025 budget release has stirred live reactions and pointed critiques, with detractors branding the measures as mere handouts instead of genuine growth initiatives. The unveiling has sparked a contentious debate over economic strategy and fiscal management.
permalink / 7 stories from sources in 7 days ago #provincial #finance #budget #ontario +