April 20, 2021 – Abbotsford, BC – Yesterday the federal government tabled its first budget in two years and announced $101.4B in new spending. The deficit at the end of 2020 was reported at $354.2 billion, with higher deficit projections through to 2026 than forecasted in the Fall of 2020. Pandemic recovery efforts have entailed a massive spending trend at historical levels and the federal debt-to-GDP ratio is expected to peak in 2021-22 at 51.2%.…
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