In Canada Improved economic outlook cuts budget deficit A surging Canadian economy has reduced the government’s budget deficit this year by billions of dollars, the finance minister said Tuesday.

A surging Canadian economy has reduced the government’s budget deficit this year by billions of dollars, the finance minister said Tuesday. But Ottawa remains on track to increase the national debt by Can$100 billion (US$79 billion) over the next seven years, as the government “doubles down” on social spending. Canada is forecast to lead the … Continue reading In Canada Improved economic outlook cuts budget deficit A surging Canadian economy has reduced the government’s budget deficit this year by billions of dollars, the finance minister said Tuesday.