Mr. Yves Giroux at the Government Operations and Estimates Committee

On March 18th, 2024. See this statement in context.

March 18th, 2024 / 11:55 a.m.

Parliamentary Budget Officer, Office of the Parliamentary Budget Officer

The Minister of Finance indicated she wants the deficit in 2026-27 to be, at most, 1% of GDP. By our estimate, the status quo would suggest it will be at 0.8% of GDP. That suggests there's not that much room for manoeuvring in that fiscal year if the government wants to maintain the deficit at 1% of GDP in 2026-27 without increasing taxes.

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