Justin Trudeau is set to unveil a vision for Canada’s post-pandemic recovery on Monday that will double as an election platform, heavy on new spending and assurances the mounting debt is affordable.
The budget, the prime minister’s first full fiscal plan since before Covid-19 hit, is an opportunity to lay out longer-term aspirations he’ll be able to campaign on in a national vote that could see him regain his parliamentary majority.
Trudeau’s government has signaled as much as C$100 billion ($80 billion) in additional money over the next three years for initiatives from childcare to green energy. Expectations are being set so high that an even more ambitious plan can’t be ruled out. Finance Minister Chrystia Freeland has described the budget as “among the most significant of our lifetime.”
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