Latest news with #CanadianPress
CTV News
19 hours ago
- Business
- CTV News
Final budget numbers land: Alberta posts $8.3-billion surplus in 2024-25 fiscal year
The final numbers are in on last years' Alberta budget, and the bottom-line figure is an $8.3-billion surplus. That's $2.5 billion more than officials had expected to get. Finance Minister Nate Horner says the jump is because of more tax revenue from a growing population coupled with oil royalties that were higher than expected. Horner says just over $5 billion of the surplus is cash the province can spend, and the government will split it between its rainy-day Heritage Fund, paying down debt and savings. However, the good times are not expected to last. Horner's current budget for the fiscal year that began in April is expected to end next spring with a $5.2-billion deficit, with more multibillion-dollar deficits in the years after that. The province says the red ink is expected because of volatile oil prices, tax cuts and global events like the trade tariffs imposed by the United States. This report by The Canadian Press was first published June 27, 2025.
CTV News
20 hours ago
- Business
- CTV News
Quebec premier announces cabinet shuffle in the fall
Quebec Premier Francois Legault says a cabinet shuffle is coming in the fall and that the CAQ will continue beating Ontario and Canadian economy. Amid his government's growing unpopularity, as seen in the polls, Quebec Premier François Legault announced Friday that he plans to shuffle his cabinet in the fall. More to come. – This report by The Canadian Press was first published in French on June 27, 2024.
CTV News
a day ago
- Health
- CTV News
Ontario expanding publicly funded private surgical and diagnostic centres
Ontario Premier Doug Ford speaks during a news conference in Mississauga, Ont., on Wednesday, April 30, 2025. THE CANADIAN PRESS/Chris Young Ontario is expanding its suite of publicly funded private community surgical and diagnostic centres. Premier Doug Ford says the province is investing $155 million over the next two years to create 57 new centres for MRI and CT scans and gastrointestinal endoscopy services. Ford says the new clinics will help ease the burden on hospitals and reduce wait times. The province says it will add 35 new centres for MRI and CT scans that it says will serve more than 800,000 patients. And it will add 22 centres to deliver endoscopy services. Ford's Progressive Conservative government first introduced sweeping changes to the delivery of health care in 2023 in response to a massive surgical and diagnostic test backlog. This report by The Canadian Press was first published June 27, 2025. Liam Casey, The Canadian Press
CTV News
a day ago
- Politics
- CTV News
Supreme Court of Canada grants woman chance to appeal immigration decision
The Supreme Court of Canada and Justice and Confederation Building are pictured in Ottawa on Monday, June 3, 2024. THE CANADIAN PRESS/Sean Kilpatrick OTTAWA — The Supreme Court of Canada says a woman from Albania should have another chance to argue her immigration case after being denied an appeal due to an expired visa. In March 2018, Dorinela Pepa came to Canada on a permanent resident visa as a dependent child of her father. She married shortly before arriving in Canada and, because of the change in her circumstances, her case went through further review. An admissibility hearing before the Immigration Division of the Immigration and Refugee Board began in September 2018. After the hearing, the Immigration Division ordered Pepa removed from Canada. The Immigration Appeal Division of the board found Pepa had no right to appeal because her visa had already expired when the removal order was issued. This report by The Canadian Press was first published June 27, 2025. Jim Bronskill, The Canadian Press
CTV News
a day ago
- Business
- CTV News
Statistics Canada says real GDP down 0.1% in April as manufacturing slowed
Canadian flags are seen flying behind the National Archives building in Ottawa Friday, Feb 14, 2025 in Ottawa. THE CANADIAN PRESS/Adrian Wyld OTTAWA — Statistics Canada says real gross domestic product edged down 0.1 per cent in April as the manufacturing sector slowed. The agency also says its advance estimate for May points to another 0.1 per cent decline for that month. The pullback in April came as goods-producing industries fell 0.6 per cent, with manufacturing accounting for nearly all the decline. The manufacturing sector was down 1.9 per cent in April, the largest drop since April 2021. Durable goods manufacturing fell 2.2 per cent in April, while non-durable goods manufacturing dropped 1.6 per cent. Meanwhile, services-producing industries edged up 0.1 per cent for the month. This report by The Canadian Press was first published June 27, 2025.
