Canada‘s vow to double down on pandemic-related spending to keep the economic recovery underway in the face of a second wave of COVID-19 infections will support activity but raises questions over the burgeoning deficit, economists say.The Liberal government on Wednesday made sweeping promises of major new investments and policy initiatives saying “this is not the time for austerity,” while giving few details on how those plans would be financed and at what cost.An economic update, including fiscal projections, will be released later this fall, it said.“It seems like they’ve bet the farm and doubled down on spending,” said Ian Lee, associate professor of management at Ottawa’s Carleton University. “The commitments certainly suggest that the.