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7 storiesnewest firstlatest August 18, 2026
The Quebec Auditor General’s August 17 report compares the current fiscal plan to budgets from the Couillard‑Leitão era, noting that required measures may affect public services. The review aims to provide a historical benchmark for policymakers as they evaluate the province’s financial direction.
Mayor Zohran Mamdani's first New York City budget was praised for its transparency but officials warned that a spending‑revenue gap remains unresolved.
Twenty‑eight Chicago aldermen accuse Bally's of delaying its $1.7 billion River West casino by citing a video‑gambling terminal dispute, amid city debates over a corporate head tax and alternative financing.
Saratoga Springs disclosed on July 30, 2026 that years of budgeting errors have created a deficit, depleting reserves and affecting city services. Former finance commissioner Minita Sanghvi noted the need for more accurate revenue and expense projections to restore fiscal stability.
Montreal's business leaders are supporting a plan to turn a downtown development into the Defence, Security and Resilience Bank's headquarters, aiming to strengthen the city's bid for the institution. City officials see the repurposed site as a key element in attracting the bank.
Quebec’s projected deficit for 2025‑26 has been lowered to $7.2 billion from an earlier $13.6 billion estimate, according to a new financial report.
Quebec’s latest financial report cuts the projected 2025‑26 deficit to $7.2 billion, down from the earlier $13.6 billion estimate.
