Finance Minister Chrystia Freeland is to table her mid-year budget update in the House of Commons Thursday focused heavily on driving investment to Canada’s clean energy industries in response to new American tax incentives signed into law last summer.
The government is already further ahead financially than expected as inflation and a stronger economic recovery drove up tax revenues.
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Will Ottawa call a recession? What to expect from the feds’ fall economic statement
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Will Ottawa call a recession? What to expect from the feds’ fall economic statement
But after years of expensive COVID-19 relief packages, Freeland is retreating to what the government believes is a fiscal position warranted by the need to reduce deficits and prepare for…