OTTAWA — Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov. 21, a mini-budget that will serve as an update on federal finances and contain new measures that reflect the government's priorities.
The federal government is also facing fiscal pressures from a slowing economy and scrutiny for excessive government spending.The Canadian economy is staring down a potential recession as high interest rates weigh on economic growth. The economic contraction is expected to affect federal revenues, giving the government less room to finance new measures.
"Economists now expect that economic activity is much weaker in 2024 than the federal government anticipated in budget 2023, which is going to ultimately weigh on revenues and lead to a larger deficit than was anticipated at the time in the budget," Bartlett said.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Finance Minister to Present Fall Economic Statement with Focus on Housing and AffordabilityOTTAWA — Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov.
Fuente: SooToday - 🏆 8. / 85 Leer más »
Finance Minister to Present Fall Economic Statement with Focus on Housing and AffordabilityOTTAWA — Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov.
Fuente: BurnabyNOW_News - 🏆 14. / 77 Leer más »
Finance Minister to Present Fall Economic Statement with Focus on Housing and AffordabilityOTTAWA — Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov.
Fuente: timescolonist - 🏆 15. / 75 Leer más »
Finance Minister to Table Fall Economic Statement with Focus on Housing and AffordabilityOTTAWA — Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov.
Fuente: PGCitizen - 🏆 65. / 51 Leer más »
Finance Minister Chrystia Freeland to table Liberals' fall economic statement Nov. 21Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov. 21.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »
Finance Minister Chrystia Freeland to table Liberals' fall economic statement Nov. 21OTTAWA — Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov. 21.
Fuente: PGCitizen - 🏆 65. / 51 Leer más »