The Carney government tabled its second budget on Nov. 5, announcing various measures that it says are intended to stimulate economic growth and increase affordability for Canadians, while boosting funding for cultural programs.
This includes proposals aimed at encouraging private-sector investment while also putting more funding toward infrastructure, housing, defence, and economically vulnerable industries, while also introducing measures with the stated goal of reducing household expenses and providing more support to lower-income Canadians.
The budget notes higher-than-previously projected revenues thanks in part to higher oil prices, but reports a deficit as it maintains program spending and allocates funding for programs it says will help grow the economy….