Canada Expected To Increase Deficits

This past week, the parliamentary budget overseer predicted that Canada's deficit will be 2 billion greater than forecasted. He also stated that he doesn't believe Canada will have a balanced budget until 2022. The minster of finance (Bill Morneau) reported that economic growth will slow over the next few years as consumer spending moderates and residential investment declines, along with higher borrowing rates and lower gains in disposable income. Read more here.

  • Is Canada screwed? Who the hell chose Bill Morneau as minister of finance?

  • Any liberals on here, that can rebuttal this? (Nobody cares that your legalizing marijuana)

 

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