Posted in

Freeland introduces mini-budget that promises support for low-income workers, students

Finance Minister Chrystia Freeland tabled her fall economic statement Thursday — a roadmap of what’s to come from the federal government as the economy stands on the brink of a recession.

While Freeland has promised fiscal prudence in this era of sky-high inflation, the budget proposes billions of dollars in new spending to help some of the people hit hardest by rising prices — including students and low-income workers — and to launch what she called “a real, robust industrial policy” to position Canada for economic growth.

The upshot: $30.6 billion in new spending over the next six years.

Share