BMO CEO White Urges Canada to Cut Taxes Even If Deficit Widens
Canada is “absolutely not” competitive on tax policy, said Bank of Montreal Chief Executive Officer Darryl White, who called on…
Tag: deficit
France's Lecornu Draft Budget Targets 4.7% Deficit
Prime Minister Sebastien Lecornu won the crucial support of the Socialist Party in France’s National Assembly, significantly improving the chances…
Chicago Boosts RBC Credit Line by $100 Million as Deficit Looms
Chicago, which faces a roughly $1 billion budget gap next year, has increased a revolving line of credit with RBC…
France Deficit Should Be Within 4.8% GDP in 2026, Villeroy Says
Bank of France Governor Francois Villeroy de Galhau said the next government must overcome political infighting and continue to target…
Founders and VCs weigh in on the U.K.’s ambition deficit
Almost 60% of young people in the U.K. are interested in starting their own businesses, per the Generation Entrepreneur Report.…
U.S. trade deficit sinks to 2-year low as businesses try to time orders to beat tariff price hikes
The nation’s trade deficit in goods sank 17% in August to a two-year low, extending a run of big ups…
Economists See Canada Deficit Surging to C$70 Billion on Trade War
Analysts expect Prime Minister Mark Carney to push the federal government’s budget deeper into the red as Canada ramps up…
Tariffs Face Legal Threat That Puts Trump’s Deficit Plan at Risk
President Donald Trump’s most concrete step to rein in unprecedented US budget deficits — sweeping tariff hikes — faces the…
U.S. runs $345B August deficit, net interest surges, Gold near records, BTC tops $115K
The US government posted a $345 billion deficit in August, with receipts of $344 billion overshadowed by $689 billion in…
Economist Says US–China Trade Deficit Reflects Weak Competitiveness, not BRICS Tactics
Soaring tensions over the U.S.–China trade deficit are colliding with BRICS challenges and supply chain risks, spotlighting deep economic vulnerabilities…