Finance minister says government's fiscal update coming Dec. 16

  • 📰 PGCitizen
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.

OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.

In a statement, Freeland says she's looking forward to presenting the next steps in the Liberals' economic plan"to deliver a good middle-class life for everyone." The fall economic statement will offer an update on federal finances, including the size of the deficit, as well as any new policies the government plans to implement.

The parliamentary budget officer says the government likely broke its promise to keep the deficit capped at $40 billion, and is projecting a deficit of $46.8 billion for the last fiscal year.It's not clear how a filibuster in Parliament will affect the government's ability to present the fall economic statement in the House of Commons.Nojoud Al Mallees, The Canadian Press

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 65. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines