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Federal finances to go deeper into red; $14-billion in support for business in face of U.S. tax cuts, fall update shows

By Jolson Lim       

A major spending add were costs for the federal carbon-pricing plan, totaling more than $1.5-billion between now and 2022, though the fall update stated that such figures are likely to be lower due to accounting revisions and the fact that revenues from fuel charges are to be returned to the provinces where the federal backstop applies.  

Projections on annual deficits between 2019-20 and 2022-23 will be between $600-million and $1.9-billion higher than forecasted in last February’s budget, according to Finance Minister Bill Morneau's fall economic update. The Hill Times file photograph by Andrew Meade

The Liberal government is forecasting bigger deficits in the near future as the country heads closer to an election in which big government spending is expected to be a hot-button issue.

More in News

Trudeau to meet with Black youth who experienced alleged racial profiling on the Hill

In an apology offered in the Chamber on Feb. 19, House Speaker Geoff Regan said, ‘All who come here must know unequivocally that they will be welcomed with equality, dignity and respect.’

‘Underdog’ NDP in Outremont faces ‘hard battle’ to keep ex-leader’s seat: NDP analysts

NDP candidate Julia Sánchez says she has a good campaign team in Montreal, and isn’t losing out on party resources focused on leader Jagmeet Singh's byelection race in B.C.

Federal Court of Appeal sides with BOIE against NDP in satellite-office battle

NDP MPs had been ordered to repay roughly $4-million by the Board of Internal Economy, which they've already started repaying though they've been fighting it in court for five years.

Butts’ exit could help government wield more effective defence strategy in SNC-Lavalin affair, politicos say

News|By Beatrice Paez
Gerald Butts has removed himself from the daily political grind of strategizing how to keep the Liberals in power. But observers say it's unlikely he will be consigned to watch the campaign unfold from the sidelines.

Hill reporters push back against lack of access to MPs in West Block

‘For a reporter, this is terrible,' says CBC's Julie Van Dusen. Two suggestions for new scrum spots were rejected, but talks to find a solution continue.

Perception a problem with retired Supreme Court justices involved in the ‘highly partisan’ SNC-Lavalin affair, say some court watchers

Jody Wilson-Raybould’s hiring of Thomas Cromwell as counsel is ‘good for the client, good for the PMO, good for Canada,’ says a Supreme Court specialist.

Nearly two-thirds of public servants have unresolved pay issues three years after Phoenix launched, survey shows

Results from the 2018 Public Service Employee Survey also indicate harassment stats in the public service are relatively flat despite a PCO push for change.

Criminal charges raises spectre of SNC-Lavalin takeover, but feds’ $180-billion infrastructure plan can find other builders, experts say

News|By Jolson Lim
SNC-Lavalin risks a takeover if it's convicted. But aside from likely outrage in Quebec, Ottawa can find other builders for its infrastructure plans if the company is banned from bidding on federal contracts, experts say

SNC-Lavalin lobbied Liberal-tied ambassador on corruption case, sought help from ex-aides to Chrétien, Mulroney

The Quebec company had extensive access to government ministers and top staffers, and was the only organization registered to lobby for allowing deferred prosecution agreements for white collar crimes.
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