Mr. Yves Giroux at the Finance Committee

On April 27th, 2021. See this statement in context.

April 27th, 2021 / 5:20 p.m.

Parliamentary Budget Officer, Office of the Parliamentary Budget Officer

I haven't seen any indication to that effect in the budget.

We have seen the fiscal forecast until 2025-26. Even over that horizon, the government shows a decreasing deficit, but it's still a deficit of about 1% of GDP, if my memory serves me correctly. This would lead to a debt-to-GDP ratio that is barely decreasing from the peak that it's supposed to reach in the next year.

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