Economics

Trudeau Introduces Pre-Election Budget in Canada: Key Takeaways

  • New spending tops C$100 billion; debt to reach 51.2% of GDP
  • Government boosts long-term issuance, sets new fiscal anchor
Justin Trudeau arrives at an Ottawa news conference on April 16.Photographer: David Kawai/Bloomberg
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Justin Trudeau’s government released its 2021 budget Monday in Ottawa, Canada’s first full fiscal plan in more than two years.