The federal government is set to unveil its budget Tuesday, which will be a first for the Liberals under Prime Minister Mark Carney. It’s the party’s first fiscal update in almost a year and the first since Carney released the party’s agenda during the spring election.

Canadians have been told temper their expectations; the budget is expected to post a deficit of at least $68.5 billion. The Carney government has also hinted there will be austerity measures in the budget, pulling back on day-to-day spending, and it’s unclear if that will lead to civil service job cuts.

The federal finance minister says there will also be “generational investments” as the country looks to shift away from trading with the U.S., which has hit Canada hard with several hefty tariffs since President Donald Trum

See Full Page