News Snapshot:
OTTAWA — The federal Liberal government has released a 2023-24 spending plan that prioritizes spending on health care, transitioning Canadian businesses to a clean economy and offering affordability measures to help Canadians dealing with high prices from inflation. Here are the key highlights from this year’s federal budget: – $40.1 billion: Projected federal deficit for the coming fiscal year. – $59.5 billion: New spending over the next five years, with $8.3 billion to be spent over the coming fiscal year. – $83 billion: The expected cost of tax credits for clean energy and electricity through to the 2034-35 fiscal year....
