Trudeau sets #Canada on path for near-record deficits, growing to more than $29B over next fiscal year


After eking out a $1.9B surplus in the previous fiscal year during the
final months under the Conservatives, the Liberal Party will return the
country to shortfalls.

The Trudeau government has confirmed what so many private-sector
analysts have predicted for months: Canada is headed for a string of
near-record deficits as it plows tens of billions of dollars into new
programs — most of them promised, a few not — along with multi-year
infrastructure projects that have yet to be decided.

Read the article here: Bill Morneau sets Canada on path for near-record deficits, growing to more than $29B over next fiscal year

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