Need an expert? COVID-19 and the federal deficit

Posted on Wednesday, July 8, 2020

A dollar sign next to coronavirus

Members of the media may directly contact the following expert:

Patrick Leblond (English and French)

Associate Professor, Graduate School of Public and International Affairs, and CN – Paul M. Tellier Chair on Business and Public Policy

Finance Minister Bill Morneau tabled a fiscal “snapshot” that projects a deficit of $343.2 billion in 2020-2021.

“The good news is that the cost to Canadian taxpayers and beneficiaries of government services should be minimal. Canadians do not have to fear years of austerity from their federal government once the pandemic has passed,” wrote Patrick Leblond in this article.

Back to top