The 2023 federal budget will include new affordability measures aimed at helping Canadians' navigate the ongoing cost-of-living crunch, according to Prime Minister Justin Trudeau.
Trudeau also said the 2023 budget will include the recently-finalized multibillion-dollar health-care funding deals inked with the provinces and territories.How exactly the Liberals plan to roll out new spending while being mindful of the risks of a recession, and their pre-stated desire to not fan the flames of inflation as the Bank of Canada tries to get it under control, remains to be seen.
The budget will be coming on the heels of U.S. President Joe Biden's visit, and it's expected that it will also include measures to ensure Canadian companies can be resilient in the face of a challenging economic landscape and competitive global markets.
NDP Leader Jagmeet Singh putting pressure on the Liberals to satisfy the outstanding commitments coming due as part of the Liberal-NDP supply-and-confidence agreement, while Conservative Leader Pierre Poilievre is making direct calls for the federal government to lower taxes, ending "inflationary" spending, match new spending with savings, and improve housing affordability.
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