Trudeau Administration Faces Challenges in Meeting Fiscal Target, PBO Warns
The Trudeau government's fiscal strategy is in jeopardy as it struggles to stay within its key fiscal target, according to the Parliamentary Budget Officer's alarming report. With the 2023-24 deficit expected to surpass the C$40.1 billion cap due to sluggish economic growth and increased expenditure, the government's fiscal management and sustainable economic future are now under scrutiny, calling for immediate attention to budgetary balance and fiscal prudence.