Finance Minister Chrystia Freeland said the federal government plans to make “two significant and necessary investments” in the next budget, namely in health care and in building a green economy, while promising to be “narrowly focused and fiscally responsible” to fight inflation.
“The truth is, we can’t fully compensate every single Canadian for all of the effects of inflation or for elevated interest rates. To do so would only make inflation worse and force [interest] rates higher, for longer,” the deputy prime minister said during a press conference on March 20.
Speaking in Oshawa, Ontario, Freeland said Canadians want inflation to come down, which is why the federal government’s primary goal in the upcoming budget, set to be released on March 28, is “not to pour fuel on the fire of inflation.”…