Finance ministers give economic update as provincial deficits surge

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Minister of Finance and National Revenue Francois-Philippe Champagne listens to a question during a media scrum.https://i.cbc.ca/ais/6e5cf2fe-5188-4d59-aef5-c582d1da1d35,1784146843777/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C392%2C7516%2C4227%29%3BResize%3D%28620%29" title="Minister of Finance and National Revenue Francois-Philippe Champagne listens to a question during a media scrum before a pre-budget roundtable discussion with the Canadian Chamber of Commerce, in Ottawa, on Monday, July 6, 2026.

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Federal Finance Minister François-Philippe Champagne gathered his provincial and territorial counterparts in Charlottetown for a summit, where they discussed a range of topics, from potential revenue from the as yet unopened Gordie Howe International Bridge to internal trade barriers.

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