Liberal Budget Focuses on ‘Supply Side’ to Curb Inflation

Liberal Budget Focuses on ‘Supply Side’ to Curb Inflation
Finance Minister Chrystia Freeland receives a hug after tabling the federal budget in the House of Commons in Ottawa on April 7, 2022. Adrian Wyld/The Canadian Press
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The Liberal government presented its first budget in the new Parliament on Thursday. While staying in line with the Liberal platform, the budget has been nudged by Russia’s invasion of Ukraine, the inflation and housing affordability crisis, and the Liberals’ recent deal with the NDP.

The government’s spending is set at $452.3 billion with a deficit of $52.8 billion, with the debt to GDP ratio pegged at 45.1 percent.

Noé Chartier
Noé Chartier
Author
Noé Chartier is a senior reporter with the Canadian edition of The Epoch Times. Twitter: @NChartierET
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