Canada Finance Minister Freeland
- Sees deficit of $36.4B vs $43.0B this fiscal year
- Sees 2023-24 deficit at $40.1 vs $30.6B
- Sees 2024-25 deficit of $35.0B falling to $14.0B in 2027-28
- Additional spending of $7.3B over fiver years on dental plan
- Proposes one-time $2.5B grocery rebate
- 30% refundable tax credit for investments in new machinery linked to clean tech
- 15% refundable tax credit for eligible investments in clean electricity
There are no surprises here as everything leaked.
