National

Finance Minister Chrystia Freeland to table Liberals' fall economic statement Nov. 21

Darpan News Desk The Canadian Press, 09 Nov, 2023 11:04 AM

Finance Minister Chrystia Freeland is expected to table the federal government's fall economic statement on Nov. 21.

The mini-budget is set to offer an update on federal finances, as well as new measures that reflect the government's priorities.

On Tuesday, November 21st I will be presenting the 2023 Fall Economic Statement – the next step in our economic plan focused on building more homes and delivering for the middle class. pic.twitter.com/nR4QJ7ledc
— Chrystia Freeland (@cafreeland) November 9, 2023

Freeland has promised that the fall economic statement will focus on housing and affordability, two issues dominating federal politics that are top-of-mind for Canadians.

The Liberals have already announced some measures pertaining to housing over the last couple of months, but all eyes will be on any additional steps they take to help ease the housing shortage.

The federal government is also facing fiscal pressures from a slowing economy and scrutiny for excessive government spending, and Freeland has promised to prioritize fiscal responsibility.

The latest fiscal monitor report from the Finance Department said the federal government posted a $4.3-billion deficit between April and August.

Prev Next

MORE National ARTICLES

Fall sitting starts for B.C. legislature with four official parties

British Columbia politicians are back in the legislature for the fall session, and the seating arrangement looks a little different. The Conservative Party of B.C. now has official party status, complete with a nearly $400,000 annual budget, after former BC United MLA Bruce Banman crossed the floor last month to join John Rustad.

Fall sitting starts for B.C. legislature with four official parties

Federal ministers still lack mandate letters, two months after majority shuffled

Shortly after taking office in 2015, Trudeau's government announced it would publish the lists of tasks given to each minister, known as mandate letters. The documents lay out the priorities for each federal minister, and signal to public servants the timeline or scope of policies the government wants to advance.

Federal ministers still lack mandate letters, two months after majority shuffled

19-year-old clocked going 199 km on North Van highway

R-C-M-P in North Vancouver say a lead-footed driver with a learners licence is a lot poorer -- and less mobile -- today after making a bad choice on Friday night. Mounties say the 19-year-old was clocked doing 199 kilometres per hour in an 80-kilometre per hour zone along the Upper Levels Highway through North Van.

19-year-old clocked going 199 km on North Van highway

Interest rates to stay high

Experts are warning the next few years will likely see sharp mortgage payment increases amid expectations that interest rates will stay higher for longer. Variable rate mortgage holders have already seen their payments surge by more than 49 per cent on average, according to Bank of Canada data, but many fixed rate holders still haven't felt the sharp rise in rates.

Interest rates to stay high

Who will become Manitoba's next premier? A look at party leaders vying for the job

Manitoba's provincial election is to take place Tuesday. Here's a look at the leaders of the province's three parties that have seats in the legislature.

Who will become Manitoba's next premier? A look at party leaders vying for the job

Diwali fireworks advisory issued despite warnings it might be discriminatory: emails

An Environment Canada advisory that singled out Diwali fireworks as a reason to prepare for poor air quality last October was issued despite multiple warnings from some staff about it being discriminatory. The advisory was edited and an apology issued within hours as complaints poured in to the national weather service the morning the annual Indian festival of lights was set to begin.