Freeland Dodges $40.1 Billion Deficit Target, Shifts Focus to Debt Ratio

Finance Minister Chrystia Freeland signaled a shift in Canada’s fiscal priorities on Tuesday, emphasizing the debt-to-GDP ratio while sidestepping questions about meeting a key deficit target ahead of next week’s economic update. At a press conference in Ottawa, Freeland repeatedly highlighted the government’s commitment to maintaining its debt-to-GDP ratio at 42.1%, while avoiding direct responses … Continue reading Freeland Dodges $40.1 Billion Deficit Target, Shifts Focus to Debt Ratio