Federal government suggests some spending it claimed drove fall deficit overrun was already in spring budget
The concession comes in the wake of a Jan. 22 PBO report that found ‘a significant portion’ of that money ‘was included in the fiscal framework at the time of Budget 2024.’
The Liberal government prominently framed $21-billion in contingent liabilities at the centre of its explanation for how its deficit ballooned last fall but—in the wake of a new report from the Parliamentary Budget Officer—Finance Canada concedes “there were other cont...
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