PBO says government has financial room to manoeuvre, economic update on tap this week

The parliamentary budget officer says the economy has worsened in recent months, but the government is on track to reducing its debt-to-GDP ratio ahead of schedule.
All eyes will be on Finance Minister Bill Morneau on Nov. 1 as he puts forth the government's fall economic update.
A senior official with the Office of the Parliamentary Budget Officer says the government has room to introduce additional spending initiatives and still meet its goals for reducing the national debt-to-GDP ratio, despite a deteriorating economic picture. That assertion came in an interview last we...

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