OTTAWA — Finance Minister Chrystia Freeland is finally set to present the federal budget in the House of Commons on Tuesday afternoon, showcasing how the...
OTTAWA — Finance Minister Chrystia Freeland is finally set to present the federal budget in the House of Commons on Tuesday afternoon, showcasing how the government plans to win back support from disgruntled Canadians worried about the cost of living.
However, attention on Tuesday will likely shift to the government's fiscal outlook and its plan to make up the difference between new spending and a pledge to keep the deficit at bay. The fall economic statement also set the goal of keeping deficits below one per cent of the GDP beginning in 2026-27 and lowering the debt-to-GDP ratio in 2024-25 relative to the projection.The Liberal government will likely benefit from stronger-than-expected economic growth that will give it some extra fiscal room in the federal budget.The prime minister and finance minister have both ruled out raising taxes on the middle class to pay for new spending.
The online poll of 1,525 adults taken between Friday and Sunday cannot be assigned a margin of error because online polls aren't considered statistically balanced samples, but the results were weighted for statistical accuracy.
Prime Minister Justin Trudeau The Liberal Government Federal Deficit Deficit Spending Federal Budget Wealthy Canadians
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