Liberals mark anniversary with spring economic update | CTV National News at 5:30 for April 28, 2026

In its first-ever spring economic update, Prime Minister Mark Carney’s newly minted majority government is promising to spend billions on a strategy to train more skilled workers to help deliver on its plans to build big.

The revised fiscal outlook also shows that while the federal deficit is $11.4 billion lower in the current fiscal year than what was projected in the 2025 federal budget, the deficit is tracking to only decline nominally in the years ahead.

For example, in the coming 2026-27 fiscal year, the deficit is projected to be $65.3 billion, down just slightly from the $65.4 billion estimated in the 2025 federal budget.



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