• 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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