{"id":80372,"date":"2024-03-14T10:14:52","date_gmt":"2024-03-14T14:14:52","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=80372"},"modified":"2024-03-14T10:14:52","modified_gmt":"2024-03-14T14:14:52","slug":"will-ottawa-meet-its-fiscal-target-economists-split-as-deficit-tracks-higher","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2024\/03\/14\/will-ottawa-meet-its-fiscal-target-economists-split-as-deficit-tracks-higher\/","title":{"rendered":"Will Ottawa meet its fiscal target? Economists split as deficit tracks higher"},"content":{"rendered":"<p>\u00a0By Nojoud Al Mallees THE CANADIAN PRESS OTTAWA- Finance Minister Chrystia Freeland has pledged that the government will meet its fiscal targets in the upcoming federal budget, but economists say achieving that goal will be challenging as the deficit tracks higher. Amid mounting pressure to rein in spending, the Liberals unveiled new fiscal guardrails in the fall that aim to limit deficits. Among the government&#8217;s promises was that this year&#8217;s deficit will not exceed $40.1 billion. In new reports previewing the federal budget, TD and Desjardins offer different takes on whether the government will meet its goal for current fiscal year. TD says although the deficit appears to be tracking closer to $55 billion, it is projecting it will be capped at $40 billion. &#8220;I think the government has an&#8230; <\/p>\n<div class=\"pmpro\">\n<div class=\"pmpro_card pmpro_content_message\">\n<div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription &#8211; Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div>\n<div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2024%2F03%2F14%2Fwill-ottawa-meet-its-fiscal-target-economists-split-as-deficit-tracks-higher%2F\">Log in here<\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0By Nojoud Al Mallees THE CANADIAN PRESS OTTAWA- Finance Minister Chrystia Freeland has pledged that the government will meet its fiscal targets in the upcoming federal budget, but economists say achieving that goal will be challenging as the deficit tracks higher. Amid mounting pressure to rein in spending, the Liberals unveiled new fiscal guardrails in the fall that aim to limit deficits. Among the government&#8217;s promises was that this year&#8217;s deficit will not exceed $40.1 billion. In new reports previewing the federal budget, TD and Desjardins offer different takes on whether the government will meet its goal for current fiscal year. TD says although the deficit appears to be tracking closer to $55 billion, it is projecting it will be capped at $40 billion. &#8220;I think the government has an... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription - Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2024%2F03%2F14%2Fwill-ottawa-meet-its-fiscal-target-economists-split-as-deficit-tracks-higher%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":101363,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-80372","post","type-post","status-publish","format-standard","hentry","category-national-news","category-ticker","pmpro-level-required","pmpro-level-3","pmpro-level-2","pmpro-level-5","pmpro-level-4","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Will Ottawa meet its fiscal target? 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Amid mounting pressure to rein in spending, the Liberals unveiled new fiscal guardrails in the fall that aim to limit deficits. Among the government&#8217;s promises was that this year&#8217;s deficit will not exceed $40.1 billion. In new reports previewing the federal budget, TD and Desjardins offer different takes on whether the government will meet its goal for current fiscal year. TD says although the deficit appears to be tracking closer to $55 billion, it is projecting it will be capped at $40 billion. &#8220;I think the government has an\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theturtleislandnews.com\/index.php\/2024\/03\/14\/will-ottawa-meet-its-fiscal-target-economists-split-as-deficit-tracks-higher\/\" \/>\n<meta property=\"og:site_name\" content=\"The Turtle Island News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TurtleIslandNews\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-14T14:14:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theturtleislandnews.com\/wp-content\/uploads\/2016\/01\/facebooklogo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"725\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lynda Powless\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:site\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lynda Powless\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/03\\\/14\\\/will-ottawa-meet-its-fiscal-target-economists-split-as-deficit-tracks-higher\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/03\\\/14\\\/will-ottawa-meet-its-fiscal-target-economists-split-as-deficit-tracks-higher\\\/\"},\"author\":{\"name\":\"Lynda Powless\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#\\\/schema\\\/person\\\/7b188fd7503577895ef8b306988cd458\"},\"headline\":\"Will Ottawa meet its fiscal target? 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