Federal Budget Understates Shortfall, LU Economist Says

Federal budget understates shortfall, LU economist says

THUNDER BAY — Prime Minister Mark Carney’s first budget is projecting a $78-billion deficit, but a Lakehead University economist says that’s understating the actual shortfall by quite a bit.

Amid push for growth, federal budget garners mixed reactions in northwestern Ontario

Affordability, critical minerals and the trades are top of mind in this year’s federal budget for leaders across northwestern Ontario. The budget, released on Tuesday, is the first under Prime Minister Mark Carney’s Liberal government and projects a deficit of $78 billion. Here's what leaders across northwestern Ontario are saying about it.