Budget watchdog says economic outlook ‘significantly’ improved, but feds’ stimulus plan may be off the mark

In his pre-budget report, which doesn’t take into account up to $100-billion in expected budget spending, Yves Giroux projects a $363.4-billion deficit this fiscal year.

Parliamentary Budget Officer Yves Giroux, pictured on Jan. 14, 2019, released a report March 31 that offers a 'significantly' improved economic outlook for Canada compared to his report last fall. The Hill Times photograph by Sam Garcia

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BY SAMANTHA WRIGHT ALLEN

March 31, 2021

Canada’s Parliamentary Budget Officer Yves Giroux predicts the economy could rebound to pre-pandemic levels without the feds' proposed stimulus package, which could run up to $100-billion, according to a report released Wednesday.

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