The Canadian Press

2015-11-10 | PBO Budget Balance

Preview Clip

The federal budget watchdog is predicting the Trudeau government will have to contend with bigger-than-expected baseline deficits in the coming years as it rolls out its promised spending plans.

Date: 2015-11-10
Placeline: OTTAWA.
Source: The Canadian Press
Length: 31 seconds

Transcript Prediction: << the Parliamentary budget office says it has downgraded its economic outlook for Canada as the country grapples with weaker growth and lower revenues the office is now forecasting a 1.2 billion dollar Surplus in the current fiscal year but says it will be followed by force trade deficits expect shortfalls of three billion dollars next year and deficits in the range of 4 1/2 to 5 billion in each of the following three years the budget office says it's predictions do not take into account the fiscal impact of any measures in the liberal government election platform the Canadian press Ottawa >>