The federal government’s Fall Economic Statement reveals a $62 billion deficit for 2023-24—exceeding its promised ceiling of $40 billion by nearly 54 percent, further raising concerns about Canada’s fiscal direction amid mounting global uncertainty and domestic political disarray.
Canada’s Deficit Hits $61.9B as Spending and…
The federal government’s Fall Economic Statement reveals a $62 billion deficit for 2023-24—exceeding its promised ceiling of $40 billion by nearly 54 percent, further raising concerns about Canada’s fiscal direction amid mounting global uncertainty and domestic political disarray.