Liberal Government’s first fiscal update

On November 20, 2015 Finance Minister Bill Morneau released the new Liberal Government’s first fiscal update. It is predicting that there will be a $3B deficit for the year. This is due to a number of factors including a slowdown in the economy, continued slumping oil prices and a weakened Canadian dollar.

For more information please follow the link to read the CBC’s article reporting on this fiscal update.

Click here to view the article