Finance Minister Bill Morneau provided an economic and fiscal update to the federal budget that posts a $26 billion deficit for the fiscal year of 2019 to 2020 – a $7 billion increase from original estimates. Abigail Bimman explains why the bigger spending does not even include the Liberals’ big ticket election promises.
- Liberals’ fiscal outlook raises questions for budget watchdog
- Morneau’s fiscal update shows Canada’s deficit increased by billions for next 2 years