As economy faces potential recession, Liberals to release 'tricky' budget Tuesday

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The federal Liberals are set to unveil a budget on Tuesday intended to showcase their plans to keep Canada competitive amid the clean energy transition while supporting Canadians who are struggling with affordability.

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Many economists are forecasting that Canada could enter a recession this year as high interest rates weigh on the economy. Since March 2022, the Bank of Canada has aggressively raised interest rates to crack down on high inflation. According to a report from Desjardins, new spending measures alone wouldn't necessarily put federal finances on an unsustainable path. But if significant new spending is paired with a worse-than-expected economic downturn, that could spell trouble for the federal government, the report says.

Bartlett said the federal government so far has done a good job balancing the need to help low-income Canadians while avoiding adding fuel to the fire. "If we continue to see increased spending, and that requires tax increases to to afford that spending, there's going to be ... increased scrutiny by the public on whether or not we're getting the bang for the buck," Bartlett said.

 

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Oh they will be releasing on Canadians when they are not looking .. Run Canadians to the banks don’t walk ..

The liberal plan will consist of two things: - more taxes for the average Canadian - more handouts for liberal insiders

Tricky because of them

The budget's call taxer asked the death

LMFAO. Outright theft has occured. When do the real hearings start?

Just another smoke screen to shift attention away from their Chinese meddling scandal!

“Tricky” because they don’t have a clue what they are doing? Or “tricky” because they need to hide the extreme damage they have done with their reckless and irresponsible spending? TrudeauIsDestroyingCanada

It is long past 'potential'.....AND.....'this' will be one of the many points of regret the walking dead will come to experience as truth overtakes the sinking ship....

They were in charge of the budget for hotel suites. Liberals nailed that one so how hard can this be?

PROPAGANDIST BULLSHIT!!!!!!!!!!!!!

'increasing tax revenues might be part of the solution when it comes to stabilizing federal finances'.. What a Genius!

The budget will ensure both Ontario and Quebec get the vast majority of the green infrastructure projects. Trudeau wants the west to buy into a just transition but because all of the green infrastructure will be in central Canada there won’t be anything to transition to.

There have been predictions of a recession since the fall of 2021. 🧐Instead there is GDP growth and the lowest unemployment in decades. 🙄The forecast is for GDP is growth and stubborn inflation. 📈

Liberal budget = fluff, woke, debt that benefits few.

TRANSLATION : Home owners , smokers , and alcoholics will get shafted as usual .

Tricky, ya, that’s one way of putting it…

Trudeau has been the worst prime minister in the history of canada

We're going to have 3 small deficits amounting to 20 billion before balancing the budget in 4 years - Trudeau 2015 Looks like we underestimated this year's budget by 43 billion - Trudeau 2023

We still doing this recession thing. Thought we concluded it’s corporate greed

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