Fall economic statement: $61.9B deficit for 2023
- The Department of Finance reported a deficit of $61.9 billion for 2023-24 in the Fall Economic Statement.
- The projected deficit exceeds the $40.1 billion pledge by $21.8 billion, according to the Fall Economic Statement.
- The government’s economic plan focuses on 'generational investments', 'securing Canada’s AI advantage', 'overcoming geopolitical risks and uncertainty', and 'investments for the industrial transition'.
- The forecast may be overly optimistic due to potential tariffs from the U.S. And global economic uncertainty.
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Coverage Details
Total News Sources0
Leaning Left9Leaning Right5Center2Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
13%
R 31%
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