Source Feed: The Globe and Mail
Author: Craig Lord
Publication Date: July 29, 2025 - 06:33
Provincial deficits to narrow despite U.S. trade war, slowing economy, report forecasts
July 29, 2025
Under pressure from the U.S. trade war and a slowing economy, Canada’s provinces are all expected to run fiscal deficits this year – but a Conference Board of Canada report predicts those deficits will narrow in the coming years.
The report released Tuesday paints a picture of provinces struggling to balance their books.
Unpublished Newswire
The federal government’s troubled attempt to modernize its pay system will be probed by the federal Auditor-General as the government begins its move to another new payroll program.Ottawa announced in June it had awarded a 10-year contract to Dayforce for almost $351 million, to replace the Phoenix payroll system that has caused significant problems. The contract allows for a possible extension to 20 years.
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Blue Jays slugger Vladimir Guerrero Jr. returned to the starting lineup Monday against the Minnesota Twins after missing about a week with a hamstring injury.
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Canada-U.S. Trade Minister Dominic LeBlanc is set to meet with U.S. Commerce Secretary Howard Lutnick in Washington this week after Prime Minister Mark Carney's announcement.
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