Reported about 7 hours ago
Canadian Prime Minister Justin Trudeau is reviving his government's spending approach as inflation decreases and elections approach, introducing a C$6.3 billion tax break and rebate, which has led to a bond selloff and concerns about rising deficits. With inflation now at the target level, Trudeau's administration plans to increase fiscal stimulus, aiming to regain popularity against a backdrop of opposition parties leading in the polls. Critics express worry about the sustainability of Canada's finances amid increased spending.
Source: YAHOO