Provincial governments facing higher debts and more financial pressure
After riding a red-hot economy to shrink deficits and grow surpluses, provincial governments across the country are beginning to see their finances flounder.
![Provincial governments facing higher debts and more financial pressure](https://i.cbc.ca/1.5583573.1714753361!/fileImage/httpImage/image.jpeg_gen/derivatives/16x9_620/canadian-dollar-loonie-20-dollar-bill-background.jpeg)
![A person holds a Canadian dollar, also known as a loonie, with a 20 dollar bill in the background A person holds a loonie with a 20 dollar bill in the background.](https://i.cbc.ca/1.5583573.1714753361!/fileImage/httpImage/image.jpeg_gen/derivatives/16x9_620/canadian-dollar-loonie-20-dollar-bill-background.jpeg)
After riding a red-hot economy to shrink deficits and grow surpluses, provincial governments across the country are beginning to see their finances flounder.