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COVID-19 was ‘expensive,’ but Freeland says economy is improving in fiscal update

OTTAWA – Finance Minister Chrystia Freeland offered few new economic measures in the Liberals’ fiscal update Tuesday, portraying the Canadian economy instead as well on the way to a post-pandemic recovery.

Freeland delivered her speech in Parliament on Tuesday amid growing concerns about the Omicron variant of COVID-19, which appears to be spreading across the country. She said the government was budgeting $1.7 billion to buy more rapid tests and ship them out across the country to provinces.

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