Budget will show steep rise in deficit, debt-to-GDP no longer falling: PBO

Global NewsThursday, September 25, 2025 at 3:24:39 PM
Budget will show steep rise in deficit, debt-to-GDP no longer falling: PBO
The Parliamentary Budget Officer (PBO) has released an updated fiscal outlook indicating a significant rise in the federal deficit and a halt in the decline of the debt-to-GDP ratio. This news is crucial as it sets the stage for the upcoming fall budget on November 4, highlighting potential challenges for the Liberal government in managing the economy and public finances.
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