OTTAWA — The federal government is set to unveil its budget today — the Liberals’ first fiscal update in almost a year and the first summary of Prime Minister Mark Carney’s agenda since the party released its spring election platform.

Government House leader Steven MacKinnon told the House of Commons on Monday the budget will be affordable and will make Canadians proud by bringing down taxes and creating opportunities for young people.

Read more: • Sask. Premier Scott Moe expects ‘significant’ deficit in federal budget • Poilievre calls on Carney to keep federal deficit under $42B in coming budget • With deficit set to soar, Ottawa shifts budgets from spring to fall

Finance Minister François-Philippe Champagne said the budget will offer “generational investments” and will have “so

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