New spending cooled in Liberals’ 2017 budget, with federal deficit projected at $28.5-billion

The Liberal government’s second federal budget boasts a consolidated approach to innovation, plans for a carbon pricing fallback, and includes the first-ever gender impact statement.

Finance Minister Bill Morneau takes questions from the media hours before delivering this year's federal budget to the House of Commons.The Hill Times photograph by Andrew Meade

News

BY RACHEL AIELLO

March 22, 2017

The Liberal government’s second federal budget, released in Ottawa on March 22, 2017, includes $5.7-billion in net new spending announcements, a drastic decrease from the $50.2-billion announced in its inaugural 2016 federal budget, and projects the federal deficit is on track to remain well above...

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