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First Nations-first ministers' meeting brings funding announcements and mixed reviews
Source: CBC Politics
Date: 2026-10-26 22:37:54.0
Tags: [National, Indigenous, Finance, Infrastructure, Emergency, Governance]Prime Minister Mark Carney convened the first Indigenous-focused first ministers' meeting in over two decades in Ottawa alongside the Assembly of First Nations, led by National Chief Cindy Woodhouse Nepinak. Carney announced proposed federal funding ahead of the Nov. 5 budget, including more than $2.5 billion over five years for emergency preparedness in First Nations communities and more than $630 million over four years for First Nations and Inuit policing. Additionally, Carney committed to exploring the reform or abolition of the 1876 Indian Act and instructed his finance minister to collaborate with First Nations on new revenue-sharing mechanisms, such as a potential sovereign wealth fund.
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Nova Scotia’s government spent a record $1.9 billion outside of the budget process
Source: Nova Scotia - Halifax & Regional News
Date: 2026-09-24 17:50:09.0
Tags: [Nova Scotia, Finance, Economy, Emergency]The Government of Nova Scotia announced that it spent a record $1.9 billion outside of the regular budget process through additional appropriations during the 2025-26 fiscal year. Finance Minister John Lohr stated that this off-budget spending contributed to a record-high provincial deficit of $1.4 billion, driven by total spending of $19.4 billion against revenues of just under $18 billion. Specific unbudgeted expenditures cited include $40.4 million for public works projects and $13.8 million for emergency management related to the 2025 wildfire season.
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B.C. economy shows resilience in first quarterly report
Source: British Columbia - Government News
Date: 2026-09-14 19:30:00.0
Tags: [British Columbia, Economy, Finance, Taxation, Infrastructure, Emergency]British Columbia's First Quarterly Report for 2026-2027 projects a provincial deficit of $13.8 billion—$450 million higher than Budget 2026—driven by an intense wildfire season with fire-management expenditures forecast at $614 million higher than budget and $458 million in higher refundable tax credits. Total provincial revenue is forecast at $86.3 billion, bolstered by corporate and personal income taxes, while real GDP growth for 2026 is forecast at 0.9% amid U.S. tariffs and global volatility. Taxpayer-supported capital spending is maintained at $12.9 billion for projects including the Quw’utsun Valley Hospital, the new St. Paul’s Hospital, and Highway 1 Colquitz River Bridges widening, alongside eight newly approved major capital projects.
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