OTTAWA (Reuters) -Canada’s Prime Minister Mark Carney will emphasize the tough choices needed to meet his lofty investment promises in a primetime address on Wednesday discussing his government’s first budget, a source familiar with the speech said.

Evening speeches from the Prime Minister are rare in Canada, which is locked in trade disputes with its two largest trading partners, the United States and China.

Carney, who was elected in April, has stressed to Canadians they are in a time of crisis when large spending is needed to boost the economy, but his government is also under pressure to show how it will reduce the deficit over time.

Economists forecast the government’s fiscal deficit for the year 2025/26 will be between C$70 billion and C$100 billion, a massive jump from the projec

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