{"id":87809,"date":"2024-12-10T14:18:46","date_gmt":"2024-12-10T19:18:46","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=87809"},"modified":"2024-12-10T14:18:46","modified_gmt":"2024-12-10T19:18:46","slug":"freeland-doesnt-commit-to-meeting-her-own-deficit-target-in-fall-economic-statement","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2024\/12\/10\/freeland-doesnt-commit-to-meeting-her-own-deficit-target-in-fall-economic-statement\/","title":{"rendered":"Freeland doesn’t commit to meeting her own deficit target in fall economic statement"},"content":{"rendered":"

Finance Minister Chrystia Freeland has not committed to meeting the $40.1-billion deficit target she set for the government last year, as the Liberal government appears to unshackle itself from constraints on spending ahead of a federal election. Freeland said Tuesday she expects the fall economic statement, which she will present on Dec. 16, will show a declining debt-to-GDP ratio. “In next week’s fall economic statement, you will see that the government is maintaining its fiscal anchor. Specifically, reducing the federal debt as a share of the economy over the medium term,” Freeland told reporters in a news conference. The finance minister said she expects to meet the 42.1 per cent debt-to-GDP ratio projected in the spring for the 2023-24 fiscal year. When asked if she would also meet her deficit… <\/p>\n

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Finance Minister Chrystia Freeland has not committed to meeting the $40.1-billion deficit target she set for the government last year, as the Liberal government appears to unshackle itself from constraints on spending ahead of a federal election. Freeland said Tuesday she expects the fall economic statement, which she will present on Dec. 16, will show a declining debt-to-GDP ratio. “In next week’s fall economic statement, you will see that the government is maintaining its fiscal anchor. Specifically, reducing the federal debt as a share of the economy over the medium term,” Freeland told reporters in a news conference. The finance minister said she expects to meet the 42.1 per cent debt-to-GDP ratio projected in the spring for the 2023-24 fiscal year. When asked if she would also meet her deficit... <\/p>\n

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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-87809","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":"\nFreeland doesn't commit to meeting her own deficit target in fall economic statement - The Turtle Island News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theturtleislandnews.com\/index.php\/2024\/12\/10\/freeland-doesnt-commit-to-meeting-her-own-deficit-target-in-fall-economic-statement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Freeland doesn't commit to meeting her own deficit target in fall economic statement - The Turtle Island News\" \/>\n<meta property=\"og:description\" content=\"Finance Minister Chrystia Freeland has not committed to meeting the $40.1-billion deficit target she set for the government last year, as the Liberal government appears to unshackle itself from constraints on spending ahead of a federal election. Freeland said Tuesday she expects the fall economic statement, which she will present on Dec. 16, will show a declining debt-to-GDP ratio. “In next week’s fall economic statement, you will see that the government is maintaining its fiscal anchor. Specifically, reducing the federal debt as a share of the economy over the medium term,” Freeland told reporters in a news conference. The finance minister said she expects to meet the 42.1 per cent debt-to-GDP ratio projected in the spring for the 2023-24 fiscal year. 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