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Federal deficit could top $252 billion, says budget officer | CBC News

Byindianadmin

Apr 30, 2020

Federal deficit could top $252 billion, says budget officer | CBC News

Parliament’s budget watchdog says that it’s likely the federal deficit for the year will hit $252.1 billion as a result of the COVID-19 pandemic.

Part of a cheque for the $2,000 Canada Emergency Response Benefit (CERB), a taxable award from the Canadian government for eligible workers who have lost their income due to the COVID-19 pandemic. (Chris Helgren/Reuters)

Parliament’s budget watchdog says that it’s likely the federal deficit for the year will hit $252.1 billion as a result of the COVID-19 pandemic.

The figure i

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