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Provinces agree to reduce deficits in the medium term

Province facing “an unprecedented fiscal challenge”: finance minister

Alberta, Saskatchewan will lead the country

Quebec and New Brunswick have come closest to keeping within their stated budget limits

Rebound will be uneven across the country

But while some are raising taxes, most others hope that restraining expenditures will do the trick

Largest declines in Newfoundland and Labrador, Saskatchewan and Alberta

Budget projects deficit of $54.9 million in 2010-11

Ontario set to outpace national GDP average for the first time in nearly a decade

  • By: IE Staff
  • February 22, 2010 February 22, 2010
  • 10:35

Sluggish recovery and increasing debt burdens will lead to deterioration in credit profiles