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.
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