From Global News.

Prime Minister Mark Carney will be in the House of Commons on Wednesday to attend question period. Carney’s Liberal government released the spring economic update on Tuesday, which has received mixed reactions from parliamentarians.

The federal Liberals say they’re getting a windfall from better-than-expected fiscal revenues and are largely putting that money back into circulation to support households and build up the economy.

Finance Minister François-Philippe Champagne on Tuesday tabled Canada Strong For All, a mid-year fiscal update that includes $54.5 billion in new costs and spending since Budget 2025.

Improved revenues and reduced expenses elsewhere mean the spring economic update includes $37.5 billion in net new spending.

Heading into the spring economic update, federal Conservative Leader Pierre Poilievre called on the Liberals to slash spending and get the deficit back on a path to balance.

For more info, please go tohttps://globalnews.ca/news/11821023/spring-economic-update-numbers/

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