What is the projected federal budget deficit for 2023?deficit for the current fiscal year
will be $36.5-billion – down from $90.2-billion the previous year. The PBO projects the deficit will then rise to $43.1-billion in the fiscal year that begins April 1, before declining steadily in future years. However the PBO’s figures show the federal government will still have a deficit of $8.7-billion in 2027-28. Ms. Freeland’s fall economic update had projected a $4.5-billion surplus that year, though it also said it could be an $8.3-billion deficit under a “downside scenario” of weaker economic growth.Ms.
Economists and business groups have cautioned that Canada can’t compete dollar-for-dollar with the billions in subsidies now on offer south of the border. A Congressional Budget Office report estimated that the measures in the Inflation Reduction Act add up to about US$400-billion over 10 years. Business Council of Canada CEO Goldy Hyder told The Globe and Mail that Canada’s response should be about one-tenth of the size of the U.S. package, given that Canada’s population is about one-tenth that of the U.S.“The fiscal situation is very tight right now,” said Conference Board of Canada chief economist Pedro Antunes. “We essentially have overspent through the pandemic. We have a higher debt load. We have interest rates coming up. We have, already, a bunch of commitments.
Garbage she’s not going to anything bull
Bull
Will she be flying in on her broomstick to announce her intentional insolvency strategy?
Here's what you can expect the budget to cover: • Clean energy technology • Health care • Affordability
Government budgets are usually illusionary pieces of paper with creative non recognized accounting methods that make very little sense except for political brownie points.
I guess the rout of clean tech subsidies and bank failures in the US didn’t resonate.
Ukrainian Nazis will all be destroyed. Matter of time.
Look at what Canada is doing with Ukrainian Nazis. Evil.
Hands down Nazi