The fall fiscal update is set to arrive later than usual, just a day before members of Parliament are scheduled to wrap up their business for the year.
Finance Minister Chrystia Freeland said in Toronto on Friday that she will deliver a fall economic statement before the year ends.It will give Canadians a sense of how items announced since the 2024 federal budget, including planned immigration caps, the upcoming GST holiday and Ottawa’s pledges to meet NATO spending commitment in future years will impact the federal balance sheets.
The Dec. 16 update will also offer a glimpse into whether or not the federal government has stuck to its fiscal anchors heading into an election year.those plans hinged on “erroneous” economic forecasts
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