Economics

Trudeau’s Stimulus Push Runs Into Trouble With Economy Heating Up

  • Job gains, strong U.S. growth test rationale for spending big
  • Freeland’s first budget could be prelude to Canadian election
Justin Trudeau hopes to cement his political legacy in Canada with an ambitious post-pandemic growth agenda.Photographer: David Kawai/Bloomberg
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Prime Minister Justin Trudeau is about to make a pitch for tens of billions of dollars in new spending after racking up one of the developed world’s largest deficits. There’s one problem: Canada’s economy doesn’t need it.