Canada to unveil budget as experts doubt fiscal targets

Canadian Finance Minister Chrystia Freeland will have to find ways to amp up savings or raise taxes when she delivers the budget on Tuesday, as new heavy spending plans in the run-up further risks weakening government finances, economists say. In the last two weeks, Prime Minister Justin Trudeau's Liberal government has unveiled several proposals as part of the budget, funnelling billions of dollars primarily into housing but also into defense and healthcare. But it has yet to elaborate on how these plans will be funded and what impact it will have on its fiscal anchors, and economists say even before the last two weeks' announcements, the government was already on track to overshoot its deficit target.