With deficit set to soar, Ottawa shifts budgets from spring to fall

OTTAWA - Prime Minister Mark Carney’s Liberal government plans to table the federal budget in the fall going forward, ending the long-standing practice of releasing the document in the spring.

The upcoming Nov. 4 budget will be the first tabled on the new schedule. The typically shorter economic and fiscal updates will now come in the spring, closer to the start of the fiscal year on April 1.