The Bank of Canada recently cut interest rates again, with further cuts likely in response to Donald Trump’s threat to impose tariffs on Canadian exports.

As governments across Canada unveil their 2025 budgets, outlining their tax and spending plans for the upcoming fiscal year, they have an opportunity to reverse the trend of deficits and increasing debt that has reigned in recent years.

Mark Carney, who wants to be your next prime minister, recently released his plan for Canada’s climate policies through 2035.

As the Smith government prepares to table its budget next week, it continues to warn Albertans that the province is “facing headwinds from every direction” and a budget deficit may be on the way after four years of surpluses.

Nova Scotia Finance Minister John Lohr released the province’s 2025/26 budget on Tuesday, the first of the Houston government’s second term in office.

Notwithstanding the current threats of U.S. tariffs on Ontario’s highly export-dependent economy, the province’s long-term economic and fiscal performance has long been a cause for concern.

The King government will deliver its sixth provincial budget sometime soon. Prior to this year, King’s fiscal record has been mixed—two balanced budgets, two small deficits, and relatively modest debt accumulation.

After the legislature in St. John’s resumes next month, the Furey government will table its next budget.