Ontario hospitals making 'lower risk' cuts to save money: association | CBC News
Ontario hospitals face a $1 billion structural deficit and require predictable multi-year funding; working capital and low-risk cuts will not resolve severe financial pressure.
Albany leaders consider budget stabilizing measures as revenue falls short
The city has been experiencing a structural deficit, projected to peak at nearly $2 million in 2029 or $6 million in 2035 due to growing pension liabilities and unfunded capital projects.