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Federal Liberals Table Budget

It is the first budget under Prime Minister Mark Carney.

OTTAWA - Making Canada a more attractive place to invest. That is the message behind Prime Minister Mark Carney's first federal budget.

The 406-page budget includes almost $90 billion in net new spending items over five years. It includes billions of dollars for infrastructure as well as new tax opportunities for business. The budget projects a deficit of $78 billion for this fiscal year, which is more than double last year's estimates.

Finance Minister Francois-Philippe Champagne defends the shortfall by saying the government needs to meet the current generational shift in the economy.

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