Freeland’s budget cuts ‘close to the line’ in balancing targeted investment with fiscal restraint: economist

In responding to the U.S. Inflation Reduction Act, the government faces ‘a herculean task,’ and must move quickly on proposals laid out in Budget 2023, says a Canadians for Clean Prosperity executive.
Finance Minister Chrystia Freeland delivered Budget 2023 on March 28, which projects a federal deficit of $14-billion dollars in 2028, down from a $4.5-billion surplus projected at the time of the fall 2022 economic statement.

When it comes to balancing targeted spending with fiscal restraint, Deputy Prime Minister and Finance Minister Chrystia Freeland’s third federal budget pushes “pretty close to the line,” as the federal government seeks to provide supports to those in need without fuell...

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