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Champagne's Spring Update: Smaller Deficit, Bigger Spending
Published 2 weeks, 3 days ago
Description
Finance Minister François-Philippe Champagne unveiled a smaller-than-expected budget deficit of $66.9 billion for the current fiscal year, with stronger revenues and increased spending. The government aims to balance fiscal discipline with $37.5 billion in net new spending over six years to address key priorities. The challenge lies in maintaining this balance amidst future economic uncertainties.
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