Federal budget鈥檚 deficit spending is lower than some projections

Canada鈥檚 economy has faced a challenging year. Growth projections are down, yet the federal government鈥檚 2025 budget commits billions to offset U.S. tariffs and adapt to shifting global trade dynamics.

The deficit for this fiscal year is expected to exceed $78 billion鈥攂ut it could have been worse.聽鈥淚 was expecting that the deficit would move into 100聽billions聽of dollars,鈥� says 痴颈惫别办听础蝉迟惫补苍蝉丑聽a Professor of Quantitative Marketing and Analytics at 91黑料网 Desautels.

鈥淚 am pleased and a bit relieved that the government is not trying to borrow more than what it can earn as revenue.鈥澛�