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CANADA BUDGETS CAD40.1B DEFICIT IN FISCAL 2023-24

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CANADA BUDGETS CAD40.1B DEFICIT IN FISCAL 2023-24

CANADA 2023-24 BUDGET DEFICIT IS 1.4% OF GDP

CANADA DEBT-GDP RISES TO 43.5% FROM 42.4% IN 2023-24 

CANADA NO LONGER SEES BUDGET SURPLUS AT END OF 5 YR PROJECTION

CANADA DEFICIT WIDENS ON SPENDING AND WEAKER ECONOMY

BUDGET PROJECTIONS BASED ON 0.3% GDP IN 2023, 3.5% CPI 

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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