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Prime Minister Mark Carney and Finance Minister François-Philippe Champagne introduced their spring economic update yesterday (Tuesday.)
The update shows a lower-than-forecasted deficit for the fiscal year that ended last month…helped along by revenue from surging oil prices.
It also had a big focus on skilled trades recruitment…80-thousand to 100-thousand new skilled trades workers within the next five years to keep building homes and help with national interest projects.
Among a few other changes in the economic update, we’ll also be paying a wee bit less in CPP rates.
