Thunder Bay – City Posted $5 Million Deficit In 2022
City posted $5M deficit in 2022 The City of Thunder Bay will need to dip into its reserve funds after posting a higher-than-anticipated $5-million deficit in 2022 in tax-supported operations, as well as $1.2 million in COVID-related losses. In what has become a familiar refrain in recent years, city staff reported that deficit was mostly … Read more