Liberals table fall economic update despite losing finance minister

OTTAWA — Liberal House Leader Karina Gould has tabled the government’s fall economic statement in the House of Commons.

But the resignation of Finance Minister Chrystia Freeland has ignited significant uncertainty over Canada’s economic and fiscal outlook. She oversaw the development of the fall fiscal update but did not table it or deliver the planned speech in the House of Commons.The document shows a much larger deficit than expected for the fiscal year that ended last March because of billions of dollars the government expects to pay for Indigenous legal claims and pandemic-related benefits and loans it doesn’t expect to recover.

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