Deputy Prime Minister and Minister of Finance Chrystia Freeland tabled her highly anticipated 2023 Federal Budget today, under the weight of an economic slowdown, growing concerns about the increasing cost of living and a very competitive global environment for clean-tech investment. Today’s budget marks the first delivered by this government with Pierre Poilievre occupying the leader’s seat for the Official Opposition. It’s also the second tabled under the Liberal-NDP confidence and supply agreement.
Finance Minister Chrystia Freeland copped a markedly modest pair of plain heels –on sale– in advance of the budget, mirroring the need to show fiscal restraint in today’s release. But the government’s latest spending plan also revealed major spending in a number of areas including keeping up with the U.S. on clean tech, the cost of living, dental care, and cost-savings through cuts to departmental outsourcing.
We’ve been pouring over the budget all afternoon in lock-up. Click below for our summary and analysis.
