Budget: Latest News

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09.04.2021 / 00:39

Budget a ‘missed opportunity’ to support women, families: child care association

Manitoba’s child care legislation overlooks financial needs of day care workers, association says Kehl called child care ‘the missing piece’ to Manitoba’s recovery, and that the province needs to invest in the system to support women, children and families.The University of Manitoba’s Janice Compton said the frozen fees are ‘wonderful’ for families — provided they can actually find the necessary childcare spaces to enroll their children.“That is a key area that I don’t think was addressed in the budget,” Compton told 680 CJOB Wednesday afternoon.“I think one of the areas that is growing is to have a gender focus in the budget, and that was missing here entirely.“We need specific funding for women and for the industries that women are

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Manitoba finance minister says April 7 budget will focus on pandemic and recovery

COVID-19 pandemic and charting a recovery as the pandemic subsides. Federal coronavirus money boosts Manitoba’s coffers; projected deficit shrinks to $2B He says the budget will keep in mind that other COVID-19 waves could come or new variants might emerge.Fielding also says the government will live up to its promise announced in the throne speech last fall to start phasing out the education tax on property.

Scott Fielding covid-19 Coronavirus Budget

Saskatchewan’s Moe says revenue, length of pandemic behind doubt on 2024 deficit goal

Saskatchewan Premier Scott Moe says revenue uncertainty is why his government doubts it will eliminate the province’s $2-billion deficit by a campaign pledge of 2024.He confirms a balanced budget will not be included in the four-year fiscal outlook when his Saskatchewan Party government unveils next year’s budget in April.

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Donna Harpauer hints Saskatchewan won’t eliminate deficit by 2024

COVID-19 pandemic is going slower than hoped. Saskatchewan government to table 2021-22 budget on April 6 During last fall’s provincial election, Premier Scott Moe campaigned on a promise to eliminate Saskatchewan’s $2-billion deficit by 2024.He also promised it wouldn’t happen through increasing taxes or slashing services.Harpauer says the Saskatchewan Party government believes in having a plan for eliminating the deficit, but it won’t make irresponsible cuts to meet its goal.She says with a slower economic recovery, it’s going to be “very, very difficult” to get back to balance by 2024.

Scott Moe Donna Harpauer covid-19 Coronavirus Budget

COVID-19 expenses the bulk of EMSB’s record $15 M deficit

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]The board says the bulk of the expenses, a total of $10 million, were directly related to adapting “to the ever-changing” COVID-19 situation.“The impact of COVID is challenging,” said Russel Copeman, executive director of the Quebec English School Boards Association.Additional measures, such as setting up online teaching services and providing personal protective equipment, cost the board close to $7 million.Without financial aid from the provincial government, the EMSB and other school boards and service centres will have “no other choice but to make difficult decisions,” EMSB chair Joe Ortona said.The deficit is likely to change once closer to June and government

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Saskatchewan government to table 2021-22 budget on April 6

2021-22 budget on April 6 when the spring sitting of the legislature starts.“The new budget will be the main focus of the spring sitting,” Saskatchewan Premier Scott Moe said Thursday in a statement.“It will be a budget designed to see Saskatchewan through the rest of the pandemic and then into a strong economic recovery as we get more of our population vaccinated and life returns to normal.” Deficit in Saskatchewan forecast to be $381.5M lower than estimated In November 2020, Finance Minister Donna Hauparer forecast a deficit of $2 billion for the 2020-21 fiscal year.She also said that the budget is expected to be balanced by 2024-25.However, officials cautioned at the time that a full economic recovery is tied to COVID-19 outcomes.

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B.C. provincial budget deficit climbs to $13.6 billion; ICBC makes money

COVID-19 spending, while the provincial economy continues to improve from the spring.On Thursday, Finance Minister Selina Robinson said the province is also expecting another $1.4 billion in revenue from the first-quarter fiscal update.ICBC, meanwhile, is forecasting a net income of $410 million, up from $86 million mainly due to savings from lower claims costs because of fewer accidents and a recovery of investment losses sustained at the end of 2019/20. B.C.’s 2019-20 budget battered by COVID-19, deficit expected to climb further “2020 has been a tough year for families, communities and our economy.

Selina Robinson ICBC Coronavirus Budget

Nova Scotia pandemic budget projects $778.8-million deficit for 2020-21 fiscal year

Karen Casey is forecasting a $778.8-million deficit for the 2020-21 fiscal year.

Nova Scotia covid-19 Coronavirus Budget

Deficit in Saskatchewan forecast to be $381.5M lower than estimated

Donna Harpauer said she is now forecasting the deficit for 2020-21 to be $381.5 million lower than budgeted.The deficit is now forecast to be $2 billion for the fiscal year. Saskatchewan confident in economic recovery, outlined in 2020-21 provincial budget “Real GDP is forecast to decline 5.0 per cent, compared to a decline of 6.3 per cent forecast at budget.

Donna Harpauer Saskatchewan Coronavirus Budget

Coronavirus: Peterborough Public Health reports $2.8M in pandemic-related expenditures

coronavirus pandemic.According to its medical officer of health, COVID-19-related expenditures up to Sept. 30 were $2,839,336.Dr.

Rosana Salvaterra county Peterborough covid-19 pandemic Coronavirus Budget

Ontario government’s fall budget: What we know so far

Ontario government to lay out next phase of coronavirus response in Thursday’s budget Money will be invested in support for seniors and long-term care homes which were hit the hardest at the beginning of the pandemic and continue to be a vulnerable population amid the second wave. Nearly 2,000 seniors have died from the virus in long-term care homes so far.In October, the government announced an increase in pay for personal support workers (PSWs) in long-term care and community care who are eligible for a $3 an hour pay increase, while hospital PSWs are eligible for a $2 an hour pay hike.

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Saskatchewan’s economy will return to pre-coronavirus level in 2022: finance minister

coronavirus pandemic, the government of Saskatchewan says the province’s budget will return to a surplus in 2024-25.On Thursday, the provincial government released its first quarter budget update, which forecasts a $2.1 billion deficit, $296 million less than previously projected.

Government of Saskatchewan economy Coronavirus Budget

Coronavirus: City of Kawartha Lakes estimating $500,000 pandemic-related costs for 2020

coronavirus pandemic-related closures, restrictions and losses of revenue, the budgeting process for 2021 will likely look much different than any years prior.Personal protective equipment (PPE) is a cost that is fixed into most emergency services budgets (police, fire and paramedics), but for most other departments within a municipality, it is not.

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B.C. government set to provide financial update on July 14

COVID-19 crisis.Finance Minister Carole James told reporters on Monday the province wants to wait until July to give an update in order to get another month of job and financial numbers.“There is no question COVID-19 has had a huge impact on the budget and a huge impact on the economy in British Columbia,” James said.“There is no question we have been hit in every sector.” The provincial budget tabled in February projected a surplus of $227 million in 2020-21, $179 million in 2021-22 and $374 million in 2022-23.Those surpluses have been wiped out by the COVID-19 pandemic with no clear picture of how badly the province’s bottom line has been impacted.The province has earmarked $5 billion for COVID-19 relief, including $1.5 billion for

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Coronavirus: Quebec presents its economic update

coronavirus pandemic, there’s a budget deficit between $12 billion and $15 billion.[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]The Liberals have criticized the government, saying it hasn’t done enough to support local businesses, and members hope to see more funds to help merchants.“We’re saying right now that we need to have a plan to save all the small and medium-sized companies,” said Liberal Leader Dominique Anglade on Thursday.“They cannot just tell us that everything that they’ve done has worked so far. We see that companies are going bankrupt every day.

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Saskatchewan confident in economic recovery, outlined in 2020-21 provincial budget

Saskatchewan continues to navigate the novel coronavirus pandemic.Total employment decreased by 10 per cent between February 2020 and May 2020, as outlined in Saskatchewan’s 2020-21 provincial budget.Saskatchewan’s 2020 and 2021 employment rates are projected to be 8.6 per cent and 7.6 per cent, respectively. In 2019, the province’s unemployment rate was 5.4 per cent.

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City of Edmonton cuts down frequency of grass mowing to save money

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]“The timing is what it is… but our commitment to supporting Edmontonians to transition to a lower carbon future is actually the underlying point here,” Iveson said.Tim Cartmell said it’s “a real question of optics and priority.”“The idea that we cannot do something as simple as keep the fields cut so the children can play — or operate and open up spray parks or spray pads… yet there’s money to buy very expensive bikes and subsidize that for people,” Cartmell said.

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London Transit board to vote on seeking support from city in battling COVID-19 financial woes

With its emergency reserve funds set to be empty by the end of next month, London Transit Commission (LTC) board members will decide Wednesday whether to ask the city for a lifeline to help offset the financial impacts of COVID-19 and avoid significant service cuts should support from upper levels of government fail to materialize.

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University of Manitoba passes 2020-21 budget, includes tuition hike

The University of Manitoba has approved its $674.6-million 2020-21 general operating budget, which includes an average 3.75 per cent hike to tuition fees, and a 3.75 increase to university-wide fees.

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Halifax police board of commissioners approves $5.5 million in budget cuts

Halifax’s board of police commissioners approved a plan to cut $5.5 million dollars from the police force’s budget on Thursday, but not everyone was on board with a proposed hiring freeze.

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Alberta government considers allowing cities to budget for deficits amid COVID-19

Alberta’s United Conservative Party government says it is considering the unprecedented step of allowing cities throughout the province to run deficits as they battle the COVID-19 pandemic and its subsequent financial impact.

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Coronavirus: Kelowna considering borrowing up to $150M to cover late taxes

Kelowna city council will be considering a plan this week to borrow up to $150 million in the short-term to cover the late payment of taxes during the coronavirus pandemic.

bc coronavirus Coronavirus Budget

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0