Halifax has received a barely passing grade on fiscal transparency from a Canadian think-tank, but the city's top bureaucrat says she doesn't put much value in the ranking.

The C.D. Howe Institute gave Halifax a D- in its annual fiscal accountability report card of major Canadian municipalities for 2024.

Nicholas Dahir, a research officer with the institute, said Halifax lost points for passing the 2024 budget after the fiscal year started April 1, and using different accounting standards for its…