Finance and National Revenue Minister Francois-Philippe Champagne holds up the book of the spring economic update as he delivers it in the House of Commons on Parliament Hill in Ottawa on Tuesday.Sean Kilpatrick/The Canadian Press
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The Liberals’ spring economic update lays out $54-billion in new spending over six years, including $6-billion towards boosting employment in the trades and more money for sports. The update also shows an estimated deficit of $66.9-billion for the 2025-26 fiscal year, an $11.5-billion improvement over what the government had projected in the Nov. 4 budget.
Campbell Clark, The Globe’s chief political writer, joins the show to break down what the Carney government’s first piece of fiscal policy as a majority government tells us about how they’re wielding their newfound power.
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