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Canadian Finance Minister Chrystia Freeland said on Tuesday she will present a budget on April 19, adding the country's strong finances have allowed her to advance major stimulus programs.
The first full fiscal plan in two years should lay out more details on adding another CAD70 billion to CAD100 billion in deficit spending to restore lost jobs and boost economic growth, a program first laid out in a fiscal update last year.
The Liberal government needs some opposition support to pass the budget and avoid a snap election, though so far most lawmakers have backed emergency relief spending. Business groups have told MNI the money will come too late to benefit the rebound and appears too focused on social programs.