Economists Predict Trudeau’s Government Will Miss Fiscal Targets

In summary, the outlook for Prime Minister Justin Trudeau’s government is grim, as 13 of 15 economists predict that Finance Minister Chrystia Freeland will not uphold her fiscal commitments for the year ahead. With increasing deficits projected to rise beyond the promised $40.1 billion cap, the government’s ambition to manage national debt ratios effectively appears jeopardized. The forthcoming economic statement on December 16 is of critical importance, as Canada must navigate these challenges amidst a backdrop of fiscal scrutiny and political contention.