Prime Minister Mark Carney’s government has pledged to spend C$141bn (US$100bn) to help offset the effects of President Donald Trump’s trade war and increase defence spending as he unveiled his maiden budget on Tuesday.
The spending, which will be partially offset by about C$51bn in cuts and other savings, will increase Canada’s deficit to C$78.3bn, up from C$42.2bn forecast in December.
The spending package unveiled by finance minister François-Philippe Champagne on Tuesday includes C$50bn for infrastructure projects, including energy pipelines.
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