
Canada’s Budget Deficit Soars – Brace for Impact
The Unsettling Reality of Canada’s Fiscal Future In a surprising budget update from the Trudeau government, the projected 2023-24 deficit has dramatically ballooned from $40.0 billion to a staggering $61.9 billion—an alarming increase of $21.9 billion. Amidst the noise surrounding Chrystia Freeland’s departure as finance minister, a significant driver of this shift involves the transition…