During this past week and half, Canadas two most western provinces presented budgets with yawning deficits. Slow-growth British Columbia is forecasting a deficit for the 2026/27 fiscal year of $13.3 billion (2.9 per cent of GDP), up from $9.6 billion for this current year. With better growth, Alberta hit the $9.4-billion mark, more than double the 2025/26 deficit of $4.1 billion and the biggest since the pandemic. Read More