Ottawa’s Surplus With Caveats | Ottawa News
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Ottawa’s Surplus With Caveats | Ottawa News
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Ottawa’s budget is on track for an $11 million surplus by 2026, reversing a $40 million first-half deficit fueled by snow-clearing costs—but that hopeful number hinges on shaky assumptions about OC Transpo ridership and unaccounted flood and tariff impacts. While water services thrived thanks to higher usage and fewer vacancies, transit faces a $12 million shortfall due to lower ridership. City finances also grapple with federal workforce shrinkage, rising unemployment, and shaky consumer confidence amid trade turbulence. Yet there’s optimism: tourism hit record highs in 2025 and looks strong for 2026, while OC Transpo pushes to boost reliability—backed by school and work mandates—to lure riders back.
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