US Edition
Canada’s provinces contend with fresh shocks ahead of 2026 budget season
Desjardins highlights improved provincial fiscal outlooks due to GDP revisions, diversified trade, and tariff reductions despite ongoing U.S. trade tensions and energy risks.
- This week, as provincial budget season begins, provinces confront fresh shocks, with British Columbia kicking off Tuesday and Alberta next week.
- CUSMA's scheduled review this year suggests U.S. trade tensions could reach a tipping point, while renewed diplomacy with China could reduce tariffs benefiting Saskatchewan, Manitoba, and the Maritime provinces.
- Sharp tariffs have hit Ontario steel and automaking and Quebec aluminum sectors, though CUSMA exemptions have lessened impacts, while increased trade could shift exports through B.C. ports.
- Some provinces' fiscal outcomes vary, with most near 2025 budgets while energy‑producing provinces lag; Alberta enters 2026 with perhaps the cleanest fiscal position after cost‑cutting.
- On Tuesday, StatCan's historical GDP revisions raised 2022 and 2023 estimates, helping provinces prepare for rosier fiscal outlooks in the coming weeks.
21 Articles
21 Articles
castanet.net
Canada's provinces contend with fresh shocks ahead of 2026 budget season
The outlook for Canada's provinces is difficult to chart but some surprising resilience to U.S. trade pressures and historical revisions to economic data have most provinces on better footing heading into the 2026 budget season, argues a new analysis from Desjardins.
Canada's provinces deal with fresh shocks ahead of 2026 budget season
The outlook for Canada's provinces is difficult to chart but some surprising resilience to US trade pressures and historical revisions to economic data have most provinces on better footing heading into the 2026 budget season, argues a new analysis from Desjardins.
Canada’s provinces contend with fresh shocks ahead of 2026 budget season
The outlook for Canada’s provinces is difficult to chart but some surprising resilience to U.S. trade pressures and historical revisions to economic data have most provinces on better footing heading into the 2026 budget season, argues a new analysis from Desjardins.
Global News
Investment ExecutiveProvinces contend with fresh shocks ahead of 2026 budget season
A new analysis from Desjardins indicates some resilience to U.S. trade pressures and revisions to economic data have most provinces on better footing heading into budget season.
Canada's provinces contend with fresh shocks ahead of 2026 budget season – Energeticcity.ca
OTTAWA — The outlook for Canada’s provinces is difficult to chart but some surprising resilience to U.S. trade pressures and historical revisions to economic data have most provinces on better footing heading into the 2026 budget season, argues a new analysis from Desjardins. Randall Bartlett, deputy chief economist at Desjardins and one of the authors of the report published Tuesday, said a number of developments since even the provinces’ fall …
Coverage Details
Bias Distribution
- 80% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
