That's more than double the $184M deficit the government tabled last spring
Province forecasted a historic $1.4B deficit in its 2026 budget
Public pension manager's AUM rose to $195B
The province is delaying a surplus for the third year in a row
The budget forecasts a deficit of $498M on total spending of $27.3B
The Ministry of Finance estimates the measure will spark an additional 8,000 housing starts
The province is not raising taxes or cutting services as part of the budget
Funding supports research on taxation, productivity and public policy
Province’s GDP expected to grow by 1.1% in 2026, if U.S. tariffs on Canadian goods are stable
Health care spending to rise 17.4% as public service sees cuts