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Debt

Federal Budget Watch: Waiting for the other shoe to drop…

Canadian 5-dollar banknotesWe’ve been warned. The next federal budget, expected in March, will be first and foremost about cuts to public programs, with the express goal of reducing the federal deficit over the next few years, and reducing the debt accumulated since the 2008-09 recession. Even as the economic news last Fall suggested that the recovery was losing steam, the Finance Minister was reconfirming the government’s intent to bring down the deficit as quickly as possible. Read more »

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