Federal Budget Update Needs to Show Path to Balance: Economics Think Tank

Federal Budget Update Needs to Show Path to Balance: Economics Think Tank
People make their way along Parliament Hill and past the Centre Block in Ottawa on April 13, 2026. The Canadian Press/Sean Kilpatrick
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As the Liberal government prepares to table its first spring economic update, the C.D. Howe Institute is calling for a clear path back to balanced budgets.

The upcoming April 27 update on the state of the economy and public finances should contain a “realistic assessment of economic and fiscal conditions” as well as targets to restrain spending and tax reforms that encourage consumption and investment, the public policy think tank said in its latest report.