Source: bbc.com, May 5, 2020 The US government total debt is now nearing $25tn. The sum is more than five times the previous quarterly record, set at the height of the 2008 financial crisis. In all of 2019, the country borrowed $1.28tn. The US has approved about $3tn in virus-related relief, including health funding and… Continue reading US wants to borrow a record $3tn as coronavirus-related spending soars
Tag: budget
5 hidden costs to include in your monthly budget
(NC) Creating a monthly budget allows you to anticipate and track your spending so that your credit card bill isn’t a surprise. While things like rent, groceries and transit may be top of mind, there are few costs that may slip through the cracks. For example, automated payments are easily forgotten and can add up… Continue reading 5 hidden costs to include in your monthly budget
‘Uncharted’ carbon tax impact not factored into Sask. provincial budget
Source: Adam Hunter, CBC News, March 28, 2019 Finance minister says budget has built-in ‘flexibility’ The federal carbon tax will come to Saskatchewan on Monday, but whatever impact it will have was not included in the province’s recent budget. Minister of Finance Donna Harpauer said the budget has “flexibility’ built in to deal with fluctuations in finances due… Continue reading ‘Uncharted’ carbon tax impact not factored into Sask. provincial budget
Federal budget expected to have more wiggle room, even with weaker outlook
Source: Andy Blatchford, The Canadian Press, March 14, 2019 OTTAWA — The improved economy is expected to give the Trudeau government more fiscal room than anticipated in next week’s pre-election budget — but a wobbly economic finish to 2018 means conditions could look much different as the October vote approaches. An abrupt deceleration in economic… Continue reading Federal budget expected to have more wiggle room, even with weaker outlook
Liberals delay debate on whether to bring Wilson-Raybould back to testify
Source: Rachel Gilmore, CTV News, March 13, 2019 Liberal MPs have delayed debate on a motion to bring former attorney general Jody Wilson-Raybould back before the House of Commons Justice Committee. The decision means that there are no answers yet as to whether she will be allowed to appear before the committee once again to… Continue reading Liberals delay debate on whether to bring Wilson-Raybould back to testify
Saskatchewan Health Authority budget shows $3.3 billion in deferred maintenance
Source: Emily Pasiuk, CBC News, June 4, 2018 First budget since amalgamation released last week The Saskatchewan Health Authority’s (SHA’s) first budget since the amalgamation of the province’s health regions shows that much of the province’s medical infrastructure is in disrepair. According to the budget, released last week, the SHA has $3.3 billion in deferred maintenance costs — almost as… Continue reading Saskatchewan Health Authority budget shows $3.3 billion in deferred maintenance
Kindersley Budget
The Town of Kindersley released its new 2018 Budget at Monday’s Town Council Meeting. The budget aims to fulfill the Council primacies of spending smart, forging relationships and completing projects without increasing taxes. Projects that will receive notable funds in this year’s $23.1 million budget include the Kindersley Aquatic Centre, the Western Regional Landfill, and… Continue reading Kindersley Budget
Under pressure over single $7B budget vote, Liberals make a tweak
Source: The Canadian Press, May 3, 2018 OTTAWA – The federal government is announcing a slight change to its plan to streamline the spending-approval process into a single $7-billion vote after complaints earlier this week from the parliamentary budget watchdog. Speaking to a House of Commons committee, Treasury Board President Scott Brison says the Liberals’ plan… Continue reading Under pressure over single $7B budget vote, Liberals make a tweak
Feds to post deficits $8B bigger than expected over next two years
Source: Andy Blatchford, The Canadian Press, April 23, 2018 OTTAWA — The Trudeau government is on track to run deficits nearly $8 billion deeper than expected over the next two years, the federal budget watchdog said Monday in a new report. The parliamentary budget officer estimated the Liberals will post a $22.1-billion shortfall this fiscal year, which would… Continue reading Feds to post deficits $8B bigger than expected over next two years
Legion Banquet Night
Last Saturday, the Canadian Legion Branch #57, located in Kindersley, celebrated a night of remembrance as four new individuals were added to the Honor Gallery and several other legion members were recognized for years of service. The evening started with a sumptuous banquet and was followed by a warm ceremony that recognized past and present… Continue reading Legion Banquet Night