Trudeau bets on fast growth and low inflation to curb deficits
Kait Bolongaro
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Ottawa | Justin Trudeauâs government set the table for a possible election in Canada with a budget that promises big spending on new programs such as childcare and a return to small deficits by 2025.
After running one of the largest shortfalls of any developed country last year, Finance Minister Chrystia Freeland outlined $C101.4 billion ($104.3 billion) in new policy actions over three years to aid the economic recovery.
The plan includes more cash for pensioners, subsidies for businesses to rehire workers and billions for health care and infrastructure.