Spring financial update outlines $11.3-billion targeting sports, job training, affordability measures

The 2025-26 deficit is down $11.4-billion compared to the 2025 budget’s forecast, but will reach nearly the same level projected for 2026-27, with an anticipated deficit of $65.3-billion.
Finance Minister François-Philippe Champagne told reporters the economic update shows the Liberals are 'responsible fiscal managers,' highlighting the improvements to the previously projected 2025-26 deficit.

The spring financial update pledges $11.3-billion in government spending with heavy emphasis on previously announced affordability measures, and efforts to bolster Canada’s skilled trades as war in the Middle East and global instability boosts the price of oil and contribu...

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