this post was submitted on 31 Oct 2026
45 points (95.9% liked)
Canada
12616 readers
804 users here now
What's going on Canada?
Related Communities
🍁 Meta
🗺️ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
🏙️ Cities / Local Communities
- Anmore (BC)
- Burnaby (BC)
- Calgary (AB)
- Comox Valley (BC)
- Edmonton (AB)
- East Gwillimbury (ON)
- Greater Sudbury (ON)
- Guelph (ON)
- Halifax (NS)
- Hamilton (ON)
- Kingston (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Niagara Falls (ON)
- Niagara-on-the-Lake (ON)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Sarnia (ON)
- Saskatoon (SK)
- Squamish (BC)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Whistler (BC)
- Windsor (ON)
- Winnipeg (MB)
Sorted alphabetically by city name.
🏒 Sports
Baseball
Basketball
Curling
Hockey
- Main: c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montréal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Soccer
- Main: /c/CanadaSoccer
- Toronto FC
💻 Schools / Universities
- BC | UBC (U of British Columbia)
- BC | SFU (Simon Fraser U)
- BC | VIU (Vancouver Island U)
- BC | TWU (Trinity Western U)
- ON | UofT (U of Toronto)
- ON | UWO (U of Western Ontario)
- ON | UWaterloo (U of Waterloo)
- ON | UofG (U of Guelph)
- ON | OTU (Ontario Tech U)
- QC | McGill (McGill U)
Sorted by province, then by total full-time enrolment.
💵 Finance, Shopping, Sales
- Personal Finance Canada
- Buy Canadian
- BAPCSalesCanada
- Canadian Investor
- Canadian Skincare
- Churning Canada
- Quebec Finance
- Canada Grown Business
🗣️ Politics
- General:
- Federal Parties (alphabetical):
- By Province (alphabetical):
🍁 Social / Culture
- 2 North American 4 You (Shitposting & Memes, North America focus)
- Ask a Canadian
- Bières Québec
- Canada Francais
- Canadian Gaming
- Eh Buddy Hoser (Shitposting & Memes, Canada focus)
- EhVideos (Canadian video media)
- First Nations
- First Nations Languages
- Indigenous
- Inuit
- Logiciels libres au Québec
- Maple Music (music)
🌐 Other Relevant Communities
Rules
-
Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.
-
Provide sources when making a claim. Do your research or google it doesn't cut it. The one making the claim is responsible for backing it.
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't understand some comments. The budget deficit almost halved compared to the same period last year, with revenues totalling $215.5 billion (+ $14.4 billion or 7.1%), and expenses totalling $220.9 billion (+ $8.6 billion or 4.1%).
The most important single expense appears to be the public-debt charges which climbed 16.1%, but I don't see what this has to do with AI or the like.
So, couple things.
The deficit will almost certainly be higher than that when the dust settles. A lot of invoices come due in month 11 or 12.
Ordinarily I'd say it's people using this to try to shoehorn their hatred of AI into the conversation, but part of the reason for this specific deficit is Canada just this week took equity in Cohere.
The numbers for the full year aren't there yet (at least I haven't seen a forecast), and Canada will have to invest in AI, too as it can't rely on the U.S. nor China.