Yves Giroux Coronavirus Roy Green Show Canada covid-19 coronavirus news coronavirus update Yves Giroux Coronavirus Roy Green Show Canada

Canada’s deficit ‘manageable’ without tax increase if COVID-19 measures temporary: PBO

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Parliamentary Budget Officer says.Yves Giroux made the comments on The Roy Green Show on Saturday.“My sense is that it’s possible to deal with the deep deficit that the government will be incurring in the current fiscal year, but as long as it’s for one year,” he said.“So it’s affordable without necessarily having to increase taxes if all the programs that have been set up and all the big exceptional expenditures are indeed temporary.” Budget watchdog flags $12B projected loss at federal crown corporations amid coronavirus Last month the federal government released an “economic snapshot” which said the flood of spending in response to the COVID-19 pandemic would see the country’s deficit increase to $343 billion this year.The federal..

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