Key Takeaways From the Trudeau Government’s Budget Update

Parliament Hill in Ottawa.

Photographer: David Kawai/Bloomberg
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Canadian Finance Minister Chrystia Freeland released a budget update that showed the government plans to spend almost half of a revenue windfall this fiscal year. Spending measures include new help for low-income workers and students, as well as funding for clean technology investments. The fiscal trajectory is on track for a balanced budget within five years.