Close X
Monday, November 25, 2024
ADVT 
National

Federal budget set for April 7: Freeland

Darpan News Desk The Canadian Press, 29 Mar, 2022 02:37 PM
  • Federal budget set for April 7: Freeland

OTTAWA - The federal government will unveil its 2022 budget next week under the weight of expectations to deliver unfulfilled election promises, a slew of new social programs as part of a political pact and an international commitment to boost Canada’s military spending.

Finance Minister Chrystia Freeland said Tuesday she will deliver this year's spending plan on April 7. Freeland has said the document would be focused on spurring economic growth.

The budget will be the first since September's federal election that saw the Liberals returned with their second minority mandate.

"Our government was re-elected on a commitment to grow our economy, make life more affordable and to continue building a Canada where nobody gets left behind," Freeland told the House of Commons on Tuesday.

"That is exactly what we are doing, and that is what we're going to continue to do in the budget."

Freeland’s fall economic update in December projected the government's bottom line would show a deficit of $58.4 billion for the fiscal year that starts in April following two years of even deeper deficits.

That figure didn’t include any new spending promises, including a long list of campaign pledges aimed at making housing more affordable.

Outstanding election promises amount to about $80 billion in new spending, offset by $25 billion in projected new revenues, over the next five years, which an analysis Tuesday from Desjardins estimated would increase the federal deficit by an aver

MORE National ARTICLES

Victims scammed by Facebook Marketplace

Victims scammed by Facebook Marketplace
Suspects posted items for sale and arranged meetings with potential buyers. Victims then agreed to e-transfer payment prior to meeting the suspects, who suddenly stopped communicating with the victims and never showed up to exchange goods.

Victims scammed by Facebook Marketplace

Ottawa police arrest 70 in sweeping operation

Ottawa police arrest 70 in sweeping operation
Interim chief Steve Bell says the plan is "deliberate and methodical" and police are in control on the ground, but clearing the area will take time. Police began enforcing against the protest on Thursday night, setting up about 100 checkpoints and arresting key organizers.

Ottawa police arrest 70 in sweeping operation

B.C. sets out funding plan for child care teachers

B.C. sets out funding plan for child care teachers
Katrina Chen, B.C.'s minister of state for child care, announced Friday that $25.5 million will provide bursaries for students entering the field over the next three to four years.

B.C. sets out funding plan for child care teachers

Glimmer of hope in Lytton rebuild after wildfire

Glimmer of hope in Lytton rebuild after wildfire
Denise O'Connor is back in Lytton, B.C., living in the home where she spent her childhood years. The fire on June 30 roared through Lytton just one day after the temperature in the village hit an all-time Canadian high of 49.6 C.

Glimmer of hope in Lytton rebuild after wildfire

Leaked data prompts news backlash in Canada, U.S.

Leaked data prompts news backlash in Canada, U.S.
Minnesota Rep. Ilhan Omar sparked a Twitter firestorm earlier this week when she criticized an Ottawa Citizen story about a local business owner who was harassed after her $250 donation became public.

Leaked data prompts news backlash in Canada, U.S.

Canada is past peak of Omicron wave: top doctor

Canada is past peak of Omicron wave: top doctor
Wastewater surveillance also showed the wave is on its way down. Tam said that modelling indicated the true number of infections from Omicron during the wave has been much higher than reported.

Canada is past peak of Omicron wave: top doctor