Liberals speed up deficit reduction track with help of buoyant tax revenues
By Jolson LimMar. 19, 2019
Big-ticket items in the last federal budget of this majority Liberal government include more than $6.2-billion to expand federal financing of rental construction, $1-billion for increasing access to drugs for rare diseases, and more than $1.7-billion for low-income seniors.
Finance Minister Bill Morneau addresses questions from reporters in Ottawa on the Trudeau government's final budget. The Hill Times photograph by Sam Garcia
The Liberal government’s annual deficit is on pace to shrink to under $10-billion by 2023, faster than projected last fall, fiscal projections in Tuesday’s pre-election budget reveal.
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