Finance Canada to deliver all future budgets in the fall
CBC Canada · Older
CBC Canada
Older
The Liberal government is ending a long-held tradition of presenting a spring budget and will instead adopt a relatively new tradition borrowed from the U.K. that will see all future budgets delivered in the fall.
Breakdown
- Canada will deliver all future federal budgets in the fall instead of spring. 5s
- A new framework will separate operational spending from capital investments. 16s
- The government aims to balance the operating budget within three years. 4m 27s
- Opposition MPs expressed skepticism about the new reporting methods. 5m 57s
- Officials stress that both old and new fiscal reporting metrics will be available for transparency. 5m 16s