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Canadian Taxpayers Federation disappointed Sask. budget doesn't include tax relief for families
Canadian Taxpayers Federation Prairie Director Gage Haubrich says he is disappointed the Saskatchewan government is projecting a deficit in 2024-25 budget. He says the budget does not address pressures of cost of living for Saskatchewan...
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Carmel education board proposes new budget without cuts to kindergarten, athletics
The proposal includes $38 million in projected state aid, $104 million in property taxes and $1.1 million in fund balance.
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Riverhead School District announces plan for more layoffs, cutting down programs
In addition to eliminating 38 teaching positions, 18 teaching assistant positions will be eliminated in the proposal.
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Quebec union federation expresses disappointment in 2024-2025 provincial budget
Magali Picard, president of the FTQ, says she was hoping to see investment in housing, pharmacare and public transit.
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New Quebec budget a 'very bad budget,' economist says
Moshe Lander,a senior lecturer in economics at Concordia University, breaks down Quebec's new budget, arguing that the government doesn't "have control" over its finances.
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What Quebec's deficit means for you
Since the pandemic, Quebec has been spending more money than it takes in. A larger deficit adds to the province's debt, which is now worth more than $200 billion.
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Argentina economic crisis: Milei calls for support for economic reforms.
Despite failed reform, President Milley advocates for austerity, reduced politician benefits, and banning deficit-covering printing in.
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B.C. flipping tax 'better late than never': housing analyst
Paul Kershaw, population professor at the University of British Columbia, tells BC Today host Michelle Eliot the tax — announced by the B.C. government as part of its 2024/2025 budget, and which will apply to homes sold two years or less...
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B.C. announces 20% home flipping tax in budget
British Columbia's budget projects a record $7.9 billion deficit and announces a 20 per cent tax on homes bought and sold within a year starting in 2025. The government says the measures are meant to address the cost of living and spur...
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Canada sending hundreds of military-grade drones to Ukraine
Defence Minister Bill Blair announces the government is sending more than 800 military-grade drones to Ukraine as concerns mount that Kyiv is faltering on the battlefield, and that it can no longer rely on the United States for support.
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Group gathers ahead of Toms River Council meeting to protest police restructuring decision
Two police captains are retiring soon and instead of filling those positions, newly-elected Mayor Dan Rodrick wants to hire eight EMTs to address long wait times.
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Group gathers ahead of Toms River Council meeting to protest police/EMT funding decision
Two police captains are retiring soon and instead of filling those positions, newly-elected Mayor Dan Rodrick wants to hire eight EMTs to address long wait times.
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Finance ministers seal reform of EU fiscal rules after Germany and France find compromise
Economic and finance ministers of the European Union sealed on Wednesday a deal to reform the bloc's fiscal rules, a breakthrough made only possible after Germany and France found a middle ground.
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Ottawa to commit billions toward building more housing
CBC News has learned the federal government intends to commit billions towards addressing the housing crisis during its fall economic statement Tuesday. The money will go toward loans and grants for building new housing units and changes...
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Brussels urges EU countries to end energy support measures by year-end
The European Commission said on Wednesday that if energy prices were to flare up again, any support measures rolled out should be "targeted at protecting vulnerable households and firms."
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EU Chips Act: Leaders strike €43 billion deal to boost semiconductor production in Europe
The EU has reached an agreement on how to boost the supply of semiconductors in Europe as the bloc races to reduce its dependency on Asian suppliers.
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More than a million protest against pension reform in France
More than a million people have taken to the streets of France for the second nationwide strike against pension reforms.
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U.S. Budget Deficit Reduced by Half in Largest Drop Ever
The U.S. budget deficit saw its biggest drop in history declining to $1.38 trillion from $2.8 trillion.
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Economy will slow considerably in the second half of 2022, PBO projects
Parliamentary Budget Office Yves Giroux on a global economic slowdown, U.S. inflation and the prospect of a recession in Canada.
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Provinces need to be at the table as Canada competes with U.S. Inflation Reduction Act: Freeland
"Message to provinces - you guys have a strong fiscal position right now," said Finance Minister Chrystia Freeland. "When it comes to supporting investments in the clean economy, provinces are going to need to be at the table too."
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Liberals promise lower deficits as billions earmarked for housing, climate change
Finance Minister Chrystia Freeland’s second federal budget came with a promise of more fiscal restraint, acknowledging the government’s ability to spend is ‘not infinite.’ In the budget, billions of dollars have been allocated to tackle...
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Watch: Spain and the Netherlands strike surprising alliance on EU fiscal reform
The two countries want the EU fiscal rules to become more simple, transparent and realistic.
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Highlights of 2022 federal budget: housing affordability, greener economy
The Liberal government's first budget since the election features less spending than the previous pandemic budget, but still includes billions for housing, dental care, the environment and defence.
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Argentina's Senators approve deal to refinance IMF debt
Argentina's Senate has approved a deal to refinance a 45-billion-dollar debt with the International Monetary Fund.