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Canada's Budget Watchdog Urges Carney to Show Numbers as Spending Rises

Canada's Budget Watchdog Urges Carney to Show Numbers as Spending Rises

Bloomberg5 hours ago

Canada's budget watchdog urged Prime Minister Mark Carney to release an update on the federal government's finances soon or risk eroding the government's credibility with investors.
Carney is promising to spend billions on infrastructure, military equipment, housing and transportation — part of his ambitious agenda to boost the potential of the Canadian economy. Those plans, combined with slow economic growth, are causing economists to forecast a larger federal deficit this fiscal year.

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