Fall Fiscal Update to Grapple With Trump Presidency, Expected to Show Larger Deficit

Fall Fiscal Update to Grapple With Trump Presidency, Expected to Show Larger Deficit
Finance Minister Chrystia Freeland speaks with reporters in Ottawa, on Dec. 10, 2024. The Canadian Press/Adrian Wyld
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The Liberals’ fall economic statement Monday is expected to show a larger-than-promised deficit and offer details on how the government will tackle the threat of U.S. tariffs ahead of Donald Trump’s inauguration in the new year.

A senior government official said the fiscal update will include measures to incentivize business investment in Canada.