Canada
Federal budget forecasts $78B deficit as Liberals shift spending to capital projects
Nov. 4, 2025
OTTAWA — This year’s federal budget contains a deficit nearly twice the size forecast by the Liberals a year ago, as Prime Minister Mark Carney’s government prioritizes capital project spending over programs and services. The budget tabled Tuesday projects a $78.3-billion total deficit — the amount of money spent by the government beyond its revenues […]
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