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Published

Fall fiscal update to grapple with Trump presidency, expected to show larger deficit

  • The Fall fiscal update will include measures to incentivize business investment in Canada, according to a senior government official.
  • Chrystia Freeland stated that with Trump as president, the U.S. Creates economic uncertainty to discourage investment 'anywhere other than the United States.'
  • The government estimates the reforms will amount to $26 billion in tax incentives for Canadian businesses.
  • Randall Bartlett warned that spending on short-term initiatives is not prudent given the challenges ahead due to the U.S. Election outcome.
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  • 57% of the sources lean Left
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