Canada’s Deputy Prime Minister and Minister of Finance, Chrystia Freeland, announced that the federal budget will be presented on March 28.
This news was expected since the government usually presents the budget around this time.
The timing of the announcement also coincides with the recent signing of deals with different provinces for healthcare funding, which ensures that billions of dollars are transferred for federal healthcare.
This means that the money is now locked in, and Freeland can now focus on balancing the books.
However, the federal government has not been able to present a balanced budget since 2015, and it remains to be seen whether they can achieve this now that COVID-19 spending is winding down.
Canadians will be looking for goodies in the budget, especially since it will be a matter of confidence for the house and will require the support of the NDP.
The building blocks for pharmacare are also expected to be coming to Parliament by the end of the year, but it is unclear whether this will be included in the upcoming budget.