canadian federal budget

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Budget 2019 underscores Trudeau government’s economic delusion

Between 2013 and 2017, foreign investment in Canada declined by 55.1 per cent.

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Finance Minister Bill Morneau’s budget missed an opportunity to convince investors that Canada remains a desirable place to invest.

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Since the Liberals’ first forecast in 2015, expected GDP for 2017 has dropped by $62 billion or $1,700 per Canadian.

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At $29.4 billion, the projected budget deficit in 2016/17 is larger than the cumulative budget deficits projected for the entire mandate in the Liberal platform.

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The just-released Parliamentary Budget Officer report projects deficits in every year from 2016/17 to 2020/21.