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Liberals say don’t expect deficit to rise as Canada awaits federal budget

After countrywide pre-budget tour, Liberals reveal Tuesday how they’ll pay for it all
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Finance Minister Chrystia Freeland listens to a speaker during a news conference in Vancouver on Wednesday, March 27, 2024. Freeland says Ottawa is setting up a $500-million fund to help community health organizations provide more mental health care to young people. THE CANADIAN PRESS/Ethan Cairns

With Finance Minister Chrystia Freeland promising to keep the federal deficit from ballooning in Tuesday’s federal budget, all eyes will be on the Liberals’ plan to pay for their agenda — and whether that could include new taxes on the wealthy.

During a news conference Thursday, Freeland gave a direct response to a reporter’s question on whether Canadians can expect to see this year’s deficit increase.

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