Reuters reveals Canada’s Trudeau to limit new spending in fiscal update

Reuters exclusively reported that Canadian Prime Minister Justin Trudeau’s government will outline limited new spending in a fiscal update to be released later this month, as inflation soars and some business groups and opposition politicians call for restraint. After COVID-19 supports produced the highest deficit since World War II last year, Trudeau during his campaign pledged new spending to foster Canada’s economic rebound. 

The post Reuters reveals Canada’s Trudeau to limit new spending in fiscal update appeared first on Reuters News Agency.

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