EDITORIAL: Trudeau government bad budgeter: watchdog

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EDITORIAL: Trudeau government bad budgeter: watchdog
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Parliamentary Budget Officer Yves Giroux said last week the Trudeau government makes it hard to figure out what it’s spending in any given year

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In reporting on the government’s spending estimates for the 2023-24 fiscal year that begins April 1, Giroux said his analysis of the data from the past four years “shows that, on average, nearly a quarter of targets are not met annually. Moreover, a tenth of targets do not have available results and a further third have results to be achieved in the future. Consequently, less than 50% of targets are consistently met within the same year.

Giroux predicts the federal deficit in 2023-24 will be $43.1 billion, an increase of 41% from the $30.6 billion deficit the Trudeau government predicted in its fall economic statement in November.

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