Canada’s 2022 federal budget will be released this week. Here’s a preview of what Canadians can likely expect

also expects another $12-billion to top up defence spending.The budget will also include about $2-billion on a strategy to accelerate Canada’s production and processing of critical minerals needed for the electric vehicle supply chain.During the December fiscal update, Ms. Freeland projected that the size of the federal deficit would decline from $327.7-billion in 2020-21, to $144.5-billion in 2021-22 and $58.4-billion for the 2022-23 fiscal year that begins on April 1.

, rising 5.7 per cent from a year earlier. That was the highest inflation rate since August 1991, and it marked the 11th consecutive month that inflation has surpassed the Bank of Canada’s target range of 1 per cent to 3 per cent.

One thing is guaranteed: no matter what is in it Alberta will whine

Number 1 bankruptcy

Tax increases. More tax increases. Much more tax increases. And No savings No reduction in spending. No dismantling of unnecessary ministries and government pet projects. In short, a typical socialist budget where spending beyond one's means is the guiding principle.

It's a Liberal/NDP budget, more spending, moving further away from balance, lots of free $$ for votes, general wasting of money on meaningless virtue signaling such as the environment.

Interesting but not surprising is that Defence spending took its biggest hit in recent years under Harper's Conservative government despite their rhetoric.

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