WASHINGTON (Pakistan Point News / Sputnik - 04th November, 2022) The Canadian government has changed its forecast for the country's GDP deficit to 1.3% instead of the expected 2% in April, Finance Minister and Deputy Prime Minister Chrystia Freeland said on Thursday.
"In April, we committed to bringing the deficit down to just 2% of GDP this year. Today, we forecast, it will be just 1.3% of our $2.8 trillion economy," Freeland told Parliament.
Freeland is in Parliament to present lawmakers with the Federal government's economic statement for the fall of 2022.
