Ottawa projects deeper deficit, modest economic growth
Canada will continue to post double-digit deficits in the years ahead, with the deficit expected to tumble to $11.6-billion in 2024-25.
PARLIAMENT HILL—Finance Minister Bill Morneau on Monday offered an upbeat forecast, touting strong economic growth relative to Canada’s global peers, even as the government projects deeper deficits amounting to $26.6-billion.
The revised economic forecast has Canada’s deficit pegged to hit $2...
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