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Federal deficit smaller than expected in spring economic update, but with $37.5B in extra spending

OTTAWA — Prime Minister Mark Carney’s spring fiscal update showed a smaller than projected budget shortfall of $66.9 billion for the fiscal year that just ended, thanks to a Canadian economy that performed stronger than expected and increased personal and corporate income tax revenues. Read More
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‘Massive risk’: Chinese EVs are the first test for Canada’s new strategic partnership with China

OTTAWA — Criticism over Canada allowing Chinese electric vehicles access to Canada’s market is mounting, with industry and geopolitical analysts warning of the risks associated with increased engagement with China. Read More
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