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Ontario’s 2026 Budget: Big Spending, Bigger Deficit, and a Push for Stability

                                                       The Canadian Press   Ontario’s 2026 budget arrives at a moment of global economic turbulence, and the Ford government is betting on heavy investment to steady the province. With a projected $13.8‑billion deficit , expanded health‑care funding, and a temporary HST break on new homes , the plan blends affordability measures with long‑term infrastructure ambitions.  1. Health‑Care Investments Take Centre Stage The budget commits billions to strengthen primary care, expand clinical training for nurses, and support long‑term care. Highlights include: $3.4 billion for the Primary Care Action Plan Funding for 18 new or expanded primary care teaching clinics Additional investments to train 2,000 registered nurses and 1,000 practical nurses 2. Housing Relie...
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Stock Market Update: Stocks Find Footing as Powell Chills Rate Cut Hopes



US stocks rose on Friday after a stellar month, as investors awaited Fed Chair Powell’s remarks on monetary policy. The S&P 500, the Dow Jones and the Nasdaq all gained around 0.5% or more.

Powell warned that it would be “premature” to conclude that the Fed was done with rate hikes or to speculate when rate cuts could begin. He said the Fed would be guided by data and not by market expectations. He also said inflation had cooled to its lowest levels since 2021.

Oil prices steadied after falling on Thursday, when OPEC+ agreed to cut output by 1.2 million barrels per day. However, investors remained skeptical about the effectiveness of the deal to balance the oil market and support prices. WTI crude traded around $76 a barrel, while Brent was below $83.


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