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Trudeau Government Presents Canadian Federal Budget

Finance Minister Bill Morneau has tabled his second federal budget, a document that fleshes out the details of the government’s infrastructure spending and plans for innovation while avoiding major tax changes. The budget revises the deficit for the year just ended, rising slightly to $23 billion, and forecasts a deficit for the coming year of $28.5 billion, including a $3-billion “risk adjustment.” Here are highlights from the 2017 federal budget: Deficit: $28.5 billion, up ...

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