Trudeau Said to Forgo Added Stimulus With C$30 Billion Deficit
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Prime Minister Justin Trudeau will post a deficit of about C$30 billion ($22.5 billion) in his first budget next week, signaling he won’t unveil additional initiatives to kick-start the economy, government officials said.
The budget, to be released March 22 by Finance Minister Bill Morneau, will mainly comprise pledges made during and since last year’s election, two governmental officials said on condition they not be identified because the plans aren’t yet public.