CP NewsAlert: Liberals target affordability to meet era of uncertainty
Advertisement
Read this article for free:
or
Already have an account? Log in here »
We need your support!
Local journalism needs your support!
As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed.
Now, more than ever, we need your support.
Starting at $15.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website.
Subscribe Nowor call circulation directly at (204) 727-0527.
Your pledge helps to ensure we provide the news that matters most to your community!
To continue reading, please subscribe:
Add Brandon Sun access to your Free Press subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $20.00 plus GST for four weeks. After four weeks, your payment will increase to $24.00 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
OTTAWA – The federal Liberals say they’re getting a windfall from better-than-expected fiscal revenues and are largely putting that money back into circulation to support households and build up the economy.
But Ottawa’s spring economic update contains significant levels of economic uncertainty in the years ahead over the Iran war and U.S. tariffs.
Finance Minister François-Philippe Champagne tabled a mid-year fiscal update today with $54.5 billion in new costs and spending since the November budget.
That is led by the temporary boost to the GST benefit announced in January.
The Liberals now estimate last year’s federal deficit came in $11.5 billion below the $78.3 billion forecast in the 2025 Budget, thanks largely to improved economic performance and some lapses in planned spending.
Among the new pledges made in the update document is a proposal to spend billions of dollars convincing young Canadians to enter the skilled trades.
More coming.