Finance Minister Chrystia Freeland is gearing up to reveal the federal budget, aiming to regain support from concerned Canadians.
The Liberal government has already unveiled key aspects of the budget, promising billions for housing, childcare, defense, and AI.
The focus is on addressing the worries of younger Canadians about economic stability. However, attention will likely turn to fiscal plans to manage deficits and inflation.
The government aims to stick to new fiscal guidelines but may rely on stronger economic growth and possibly new taxes to balance the budget.
Polls show Canadians prefer savings or taxing the wealthy over increasing deficits or middle-class taxes.
The budget release comes as the Liberals aim to regain ground lost to the Conservatives on affordability issues.
Despite criticisms, many Canadians support specific measures proposed by the government. Freeland will present the budget in the House of Commons at around 4 p.m.
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