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Federal deficit could hit $256 billion, PBO says in new report | CBC News

Byindianadmin

Jun 18, 2020
Federal deficit could hit $256 billion, PBO says in new report | CBC News

The parliamentary budget officer says in a new report that this year’s federal deficit could hit $256 billion due to the COVID-19 pandemic.

The parliamentary budget officer estimates the Canadian economy could shrink by 6.8 per cent in 2020, the weakest showing since 1981. (Justin Tang/Canadian Press)

The parliamentary budget officer says in a new report that this year’s federal deficit could hit $256 billion due to the COVID-19 pandemic.

The result, posted in a report this

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