Risk of recession rising, deficit projected at $36.4B in 2022-23: fall economic statement

The federal government's fall economic update makes it clear that while the deficit is declining, the risk that Canada enters into a recession is rising. The pared-down fiscal update presented by Deputy Prime Minister and Finance Minister Chrystia Freeland indicates the federal pocketbook has benefited from inflation, but the government is offering little in terms of new spending. The Liberals are instead prioritizing targeted measures for low-income Canadians and those with student debt; a new