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Will Trudeau double down on spending if deficits balloon to $90B?

The country’s fading economic prospects could put the federal government on track to run $90 billion in deficits over the Liberals’ four-year mandate, a new report from National Bank estimates. In the report, the Montreal-based bank predicts the public books will sink deeper into the red due to the combination of a weakened economy and Liberal promises of billions in fiscal stimulus.

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