Canadians got a snapshot of the country’s finances in the Fall Economic Update, and it comes splashed in red ink.
The COVID pandemic and its effects are the target in Minister Freeland’s update. Government revenues are down as the feds get set for another round of spending to navigate through the second wave, piling Canada’s deficit to almost 400 billion dollars.
Professor at Carleton University Sprott School of Business
https://sprott.carleton.ca/profile/ian-lee/Senior Economist at Canadian Centre for Policy Alternatives
https://www.policyalternatives.ca/offices/national/staffThe map above shows how the votes are broken down by district.