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Carney, Poilievre Clash Over $65B Deficit; Ryan Slams Budget Lacking Details

Carney, Poilievre Clash Over $65B Deficit; Ryan Slams Budget Lacking Details

Published 2 weeks, 1 day ago
Description

Tensions rise as PM Carney and Opposition Leader Poilievre clash over the Liberal governments spring economic update, with Poilievre criticizing the projected sixty-five billion dollar deficit. Canadas parliamentary budget officer, Annette Ryan, also slams the update for lacking details. Finance Minister Champagne announces fifty-four point five billion dollars in new spending, while Carney unveils Canadas first sovereign wealth fund for big projects. Last years federal deficit comes in at sixty-six point nine billion dollars, but Ryan flags thin details on cost cuts. Federal debt per Canadian is projected to climb to thirty-eight thousand two hundred ninety-five dollars in five years.

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