Trudeau’s Deficit Swells to 16% of Output on Massive Virus Aid

(Bloomberg) — Justin Trudeau’s government said it will run a budget deficit equivalent to nearly 16% of economic output, a level not seen since World War II, in a race to safeguard Canada from its deepest recession in almost a century.Finance Minister Bill Morneau forecast a C$343 billion ($254 billion
— Read on ca.finance.yahoo.com/news/trudeau-deficit-swells-16-output-181047209.html