Unusual fall budget takes the long view on economic challenges

Tuesday’s economic statement was more of a budget document than a fall economic update.

Finance Minister Bill Morneau, pictured earlier this year, said Tuesday Ottawa will run a $25.1-billion deficit in the current fiscal year, and that’s after using up the $6-billion set aside as a contingency fund in the March budget.The Hill Times photograph by Sam Garcia

Opinion

BY LES WHITTINGTON

November 2, 2016

PARLIAMENT HILL—In a fall budget, Finance Minister Bill Morneau set aside the country’s current economic shortcomings and sought to address pressing questions about how Canada can maintain prosperity over the long term. The Liberal government used its economic statement Tuesday to announce a ...

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