Fiscal Room Tightening as Economy Teeters, Associate Finance Minister Says

Fiscal Room Tightening as Economy Teeters, Associate Finance Minister Says
Minister of Tourism and Associate Minister of Finance Randy Boissonnault (L), Minister of National Revenue, Diane Lebouthillier, and Housing and Diversity and Inclusion Minister Ahmed Hussen (R), look on as Minister of Health Jean-Yves Duclos responds to questions from the media during a news conference on Parliament Hill on Sept. 20, 2022 in Ottawa. Adrian Wyld/The Canadian Press
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Canada’s associate finance minister says it’s going to be a “turbulent” year for the economy, but Randy Boissonault insists the government still has some spending room for big priorities including a new health-care deal with the provinces.

Boissonnault was speaking before the cabinet meets on the second of a three-day cabinet retreat in Hamilton, Ont. Finance Minister Chrystia Freeland is set to give an economic update to cabinet later Tuesday.