Canada's associate finance minister says it's going to be a 'turbulent' year for the economy, but Randy Boissonault insists the government still has some spending room for big priorities including a new health-care deal with the provinces.
Canada's associate finance minister says it's going to be a "turbulent" year for the economy, but Randy Boissonault insists the government still has some spending room for big priorities including a new health-care deal with the provinces.
On Monday, a joint report from the Business Council of Canada and Bennett Jones warned that the fiscal forecast laid out in the last federal budget and the fall economic statement was likely too rosy. Boissonnault said that report is one of many the government will look to as it makes its economic forecast ahead of the next budget. He said he thinks the fiscal reality will fall somewhere between the best- and worst-case scenarios laid out in the fall economic statement.
Ottawa is insisting on accountability for any new health funding and Trudeau has not publicly committed to meet the premiers' demands. The cabinet meeting in Hamilton comes as it prepares for the return of Parliament next week. The industrial city, known predominantly as a steel town, is also one of the most competitive politically, particularly between the Liberals the NDP. The Liberals won three of the four seats in Hamilton proper in 2021, edging out the NDP in one seat that party had held since 2006.
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