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Coming up, key highlights from todays’ federal budget as the government plans more than $101B in net new spending over the next three fiscal years (2021-2024), representing 4.2% of Canada’s GDP. #cdnpoli #cdnecon #budget2021
Budget 2021 and fiscal guardrails for new spending: “A comprehensive range of indicators show that the Canadian economy is still far from seeing a strong labour market with broadly shared benefits.” #cdnpoli #cdnecon #budget2021
Budget 2021: last year’s deficit now projected at $354.2B. For 2021-22: a projected $154.7B shortfall, but a warning that third-wave slowdowns could add $15B to deficit. #cdnpoli #cdnecon #budget2021
