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Tuesday, June 6, 2023

The federal government will present its annual budget on April 7

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This was confirmed by Deputy Prime Minister and Minister of Finance Chrystia Freeland during the question period. The annual budget will be presented on April 7 at 4 p.m. (Eastern time). Among the outlines of the document’s content, it is expected to address uncertainties regarding the Russia-Ukraine conflict, especially now that NATO has called on all its members to spend at least 2% of GDP on defense and Canada spends barely 1.4%.

Moreover, high expectations have been placed on the budget, as it represents the first government document to be tabled following a compromise agreement and political endorsement between the Liberals and the NDP to retain government until 2025. Other issues expected to be addressed in the document include targets to reduce greenhouse gas emissions.

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