Canadian Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland are expected to attend question period in Ottawa on Wednesday, the day after the 2024 federal budget was delivered.
Freeland presented the federal budget in the House of Commons in the afternoon, which pledges $53 billion in new spending that she says is focused on economic justice for younger generations. The fiscal plan kept the deficit capped at $40 billion due to higher-than-expected government revenues and new taxes that largely offset billions in new spending.
“We are moving with purpose to help build more homes, faster. We are making life cost less. We are driving the kind of economic growth that will ensure every generation of Canadians can reach their full potential,” said Freeland in her opening remarks.
Afterwards, Conservative Leader Pierre Poilievre did not take questions from reporters but was quick to slam the spending, comparing the “wasteful inflationary budget” to a “pyromaniac spraying gas on the inflationary fire.” Meanwhile, NDP Leader Jagmeet Singh expressed that he was concerned that the Liberals “ignored” the opportunity to “take on corporate greed.”
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