In a Q&A with Advisor, outgoing Finance Minister Joe Oliver says the newly elected Liberal government won’t be able to limit the annual federal deficit to $10 billion a year.
The Liberals have promised to run deficits of up to $10 billion for the next three years to fund infrastructure projects.
Oliver says that without a fiscal cushion, this number will increase if Canada’s economy slows even further.
Read the full interview here.
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