Tag archives for fiscal-year

23 Jul by admin in Top Stories

Federal deficit hits $4.4B so far

Federal deficit hits $4.4B so far
The federal government spent $4.4 billion more than it brought in during the first two months of the current fiscal year, according to the Finance Department.
30 Apr by admin in Top Stories

Lower federal deficit possible

Lower federal deficit possible
The latest monthly deficit figures are prompting speculation that the federal deficit for the just-completed fiscal year will come in far lower than the $53.8-billion estimate in last month's budget
29 Apr by admin in Money

Most provinces in deficit position

Most provinces in deficit position
There was a time when most provincial governments brought down surplus budgets. But the recession that began in 2008 took big bites out of provincial tax revenues and by the 2009-10 fiscal year, almost every province was officially in deficit.
30 Mar by admin in Consumer Life

P.E.I. tickets hundreds for green violations

P.E.I. tickets hundreds for green violations
The province of P.E.I. issued 330 tickets for environmental violations in the 2007-08 fiscal year, CBC News has learned through a Freedom of Information request.
29 Mar by admin in Top Stories

N.L. cuts taxes in deficit budget

N.L. cuts taxes in deficit budget
Newfoundland and Labrador will run a deficit in the coming fiscal year, even though it will also cut taxes for many wage earners, the finance minister says.
4 Mar by admin in Top Stories

Steady budget offers few surprises

Steady budget offers few surprises
Finance Minister Jim Flaherty had few surprises in the federal budget he unveiled in Ottawa Thursday, pledging to continue the stimulus measures rolled out last year while vowing to return to balanced books. Spending in the next fiscal year will total $280.5 billion, up $12.8 billion from the year before.
31 Jan by admin in Top Stories

U.S. deficit could reach $1.6 trillion

U.S. deficit could reach $1.6 trillion
U.S. President Barack Obama's proposed budget predicts the national deficit will crest at a record-breaking almost $1.6 trillion US in the current fiscal year, then start to recede in 2011 to just below $1.3 trillion.
25 Sep by admin in Money

Ontario deficit $2.5B worse than expected

Ontario deficit $2.5B worse than expected
Ontario's deficit for the last fiscal year was $2.5 billion higher than expected, driven by a 48 per cent drop in corporate tax revenue.
25 Sep by admin in Top Stories

Ontario deficit $2.5B higher than expected

Ontario deficit $2.5B higher than expected
Ontario's deficit for the last fiscal year was $2.5 billion higher than expected, driven by a 48 per cent drop in corporate tax revenues.