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Opinion: Carney’s fiscal update continues Trudeau-era approach to federal finances

On the campaign trail Carney promised to address Canada's fiscal woes. But taxes, debts and deficits will stay high for the next five years

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On Tuesday, the federal government released its spring fiscal update, revealing a whopping budget deficit this year and continued high deficits in years to come. Despite promising a “very different approach” from his predecessor, Prime Minister Mark Carney continues to dig a deeper hole, particularly for younger generations of Canadians.

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