Federal Budget 2016

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Federal Budget 2016

Canadian Economic Analysis

Author: The Conference Board of Canada

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  • The government turns to new spending in an attempt to spur economic growth.
  • The majority of new funding is directed toward infrastructure and the new child benefit program.
  • Gone is the government’s promise to balance its books within four years. It now projects deficits through to 2020.

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The federal Budget 2016 calls for greater spending and higher deficits.

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