- François Dupuis, Vice-President and Chief Economist • Mathieu D’Anjou, Deputy Chief Economist • Benoit P. Durocher, Senior Economist
Federal budget
Canada: Fall Economic Statement 2020
November 30, 2022
The economic statement that new Minister of Finance Chrystia Freeland presented today is a much more complete document than the economic and budgetary snapshot released last July. It takes into account the evolution of the economic and financial situation, and the budgetary impact of the measures announced since July, and it contains several new initiatives to combat COVID‑19, support Canadians during the pandemic, and rebuild the Canadian economy on a stronger foundation. The bulk of the new measures are near-term, totalling $25.1B in 2020–2021 and $26.6B in 2021–2022. These new measures will cost a total of $52.8B by 2025–2026.