Unpublished Newswire

OTTAWA — Ottawa’s fiscal watchdog says there’s a “low probability” that the Carney government will reach any of the three targets that it has referred to as its fiscal anchors, just months after establishing those key long-term benchmarks. Jason Jacques, the interim Parliamentary Budget Officer (PBO), told a parliamentary committee Thursday that there’s only a 7.5 per cent chance that the government, for example, will hit its target of reducing Canada’s deficit-to-gross domestic product (GDP) ratio over each of the next few years. “Based on the analysis we’ve conducted, there is a...

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