麻豆影视

Skip to main content

2022 federal budget to be tabled April 7, Freeland says

Share

The government will be tabling the federal 2022 budget on April 7, Deputy Prime Minister and Finance Minister Chrystia Freeland announced Tuesday.

The budget 鈥 the first since the 2021 federal election 鈥 is expected to include increased defence spending as well as funding for commitments, such as dental care, made as part of the new Liberal-NDP confidence-and-supply agreement.

"Our government was reelected on a commitment to grow our economy, make life more affordable, and to continue building a Canada where nobody gets left behind. That is exactly what we are doing, and that is what we're going to continue to do in the budget,鈥 Freeland said during question period in the House of Commons.

The latest economic update, provided by Freeland virtually in December, saw the government commit more than $8 million towards combatting COVID-19, while also predicting a moderate decline in the national deficit. 

The document forecast that the deficit in 2021-22 would drop to $144.5 billion, down from $154.7 billion estimated in the spring 2021 budget. In the 2022-23 fiscal year, the deficit was projected to sit at $58.4 billion, down slightly from the earlier predicted $59.7 billion.

Conservative finance critic Ed Fast said he鈥檚 expecting the budget to 鈥渃ontinue the free spending ways of the Liberals,鈥 but that he thinks it should instead address the 鈥渋ssue of long-term sustainability of our massive debt.鈥

鈥淲e had called in the last budget for the minister to include a defensible fiscal anchor, she didn't. We're asking her to do that now, because the additional revenues that their taxes have brought in actually mask what's a very serious fiscal situation for our country. We've got rising interest rates, Canadians are going to be pinched. We've got rising inflation, which is causing Canadians to fall behind,鈥 Fast said on his way out of West Block on Tuesday.

In , MPs made more than 200 recommendations for what the budget should include or consider, based on their consultations with stakeholders, economists, and industry groups. Among them, presenting a plan to return to balance as soon as possible with adjustments for changing economic conditions; addressing the inequities exposed and exacerbated by the pandemic; and moving to meaningfully address housing affordability.

The vote on the budget 鈥 while typically in minority Parliaments is considered a test of the confidence the House of Commons has in the governing party 鈥 is expected to pass given the New Democrats have already committed their support.

With files from 麻豆影视鈥 Sarah Turnbull

IN DEPTH

Opinion

opinion

opinion Don Martin: How a beer break may have doomed the carbon tax hike

When the Liberal government chopped a planned beer excise tax hike to two per cent from 4.5 per cent and froze future increases until after the next election, says political columnist Don Martin, it almost guaranteed a similar carbon tax move in the offing.

CTVNews.ca Top Stories

Why brain aging can vary dramatically between people

Researchers are uncovering deeper insights into how the human brain ages and what factors may be tied to healthier cognitive aging, including exercising, avoiding tobacco, speaking a second language or even playing a musical instrument.

The union representing some 1,200 dockworkers at the Port of Montreal has overwhelmingly rejected a deal with their employers association.

A man who was critically injured in a police-involved shooting in Hamilton late Sunday afternoon has died in hospital, says the province鈥檚 police watchdog.

opinion

opinion How to transition from renting to owning a home in Canada

In his column for CTVNews.ca, personal finance contributor Christopher Liew offers a step-by-step guide on how to make the shift from renting to becoming a homeowner, and what you can start doing today to help the process go smoother.

Prime Minister Justin Trudeau announced voters in Cloverdale鈥擫angley City will pick their next member of Parliament on Dec. 16.

Local Spotlight

For the second year in a row, the 鈥楪ift-a-Family鈥 campaign is hoping to make the holidays happier for children and families in need throughout Barrie.

Some of the most prolific photographers behind CTV Skywatch Pics of the Day use the medium for fun, therapy, and connection.

A young family from Codroy Valley, N.L., is happy to be on land and resting with their newborn daughter, Miley, after an overwhelming, yet exciting experience at sea.

As Connor Nijsse prepared to remove some old drywall during his garage renovation, he feared the worst.

A group of women in Chester, N.S., has been busy on the weekends making quilts 鈥 not for themselves, but for those in need.

A Vancouver artist whose streetside singing led to a chance encounter with one of the world's biggest musicians is encouraging aspiring performers to try their hand at busking.

Ten-thousand hand-knit poppies were taken from the Sanctuary Arts Centre and displayed on the fence surrounding the Dartmouth Cenotaph on Monday.

A Vancouver man is saying goodbye to his nine-to-five and embarking on a road trip from the Canadian Arctic to Antarctica.

Stay Connected