OTTAWA — Liberal House leader Karina Gould has tabled the government’s fall economic statement in the House of Commons.
… The document shows a much larger deficit than expected for the fiscal year that ended last March because of billions of dollars the government expects to pay for Indigenous legal claims and pandemic-related benefits and loans it doesn’t expect to recover.
The deficit for 2023-24 came in at $61.9 billion, almost $22 billion more than forecast when the government delivered its budget last spring.
It sucks, everyone knew it would.
