Freeland says feds taking the ‘right approach’ as fiscal update projects deficit declining to $36.4-billion

‘Despite the fact that recession is on everyone's mind,’ economist David Macdonald says the statement does not ‘implement the lessons learned during the pandemic.’

Finance Minister Chrystia Freeland speaks at a Nov. 3 press conference ahead of tabling her third fiscal update in the House of Commons. The Hill Times photograph by Andrew Meade

News

BY IAN CAMPBELL, SAMANTHA WRIGHT ALLEN

November 3, 2022

Finance Minister Chrystia Freeland’s fall economic statement, which she delivered in the House on Thursday, is characterized by “a big revision in the overall deficit, driven by a big revision in revenues” coming from the high tax revenues associated with inflat...

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