Carney government will start tabling budgets in the fall

OTTAWA—Prime Minister Mark Carney is closing the book on the era of spring budgets for the federal government, which will present its annual spending plan every fall going forward, officials announced Monday.

On top of flipping the federal budgetary calendar, officials outlined some details of how the Carney government plans to split the document into baskets of spending and revenue to separate spending deemed to be for capital investment from operational spending.

The changes precede the Nov. 4 budget — Carney’s first — and follow warnings from the independent Parliamentary Budget Officer about the growing federal deficit and debt and questions about the sustainability of the federal government’s finances .

Officials from the federal finance department, who briefed journalists on t