Unpublished Newswire
The federal Liberals say they're getting a windfall from better-than-expected fiscal revenues and are largely putting that money back into circulation.
April 28, 2026 - 16:20 | Globalnews Digital | Global News - Canada
April 28, 2026 - 16:13 | Sophie Bates | The Globe and Mail
The federal government's spring economic update gave a reprieve to several programs that were set to see their funding drop. Read More
April 28, 2026 - 16:03 | Matteo Cimellaro | Ottawa Citizen
OTTAWA — While it included mostly tepid steps in response to what Prime Minister Mark Carney has called a period of ruptures, Tuesday’s spring economic update was not without substance. For example, the document tabled Tuesday has a slightly lower deficit of $66.9 billion for the past year due to improved fiscal outcomes, and a rash of new spending thanks to the windfall. But just as important as the document’s contents, as is often the case, were the items and information that were not included. More public sector cuts True, the Carney government has already announced a reduction to...
April 28, 2026 - 16:03 | Simon Tuck | National Post
OTTAWA — Prime Minister Mark Carney is nothing if not consistent, so it was no surprise when his government introduced his spring economic update “Canada Strong, For All.” The document tabled Tuesday has a slightly lower deficit of $66.9 billion for the past year due to improved fiscal outcomes. But there is still lots of spending in key areas where the Liberals were criticized — whether it’s for youth unemployment or funding for athletes. So, what are some of the new elements in this spring economic update? Will they move the needle when it comes to affordability? And has anyone...
April 28, 2026 - 16:02 | Catherine Lévesque | National Post
OTTAWA — Prime Minister Mark Carney’s spring fiscal update showed a smaller than projected budget shortfall of $66.9 billion for the fiscal year that just ended, thanks to a Canadian economy that performed stronger than expected and increased personal and corporate income tax revenues. Tuesday’s deficit figure is $11.4 billion below what was projected in the fall, with Budget 2025 initially projecting a $78.3-billion deficit for 2025-2026, the highest deficit outside of the pandemic. However, the Canadian economy has proven to be more resilient and the conflict in Iran has led to...
April 28, 2026 - 16:02 | Jordan Gowling | National Post
