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Jul 4, 2025  |  
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NextImg:With deficit projected to soar to $92 billion, 'it is unfair to pass these burdens on,' C.D. Howe Institute says

OTTAWA — The Carney government is poised to post a massive deficit of more than $92 billion during this fiscal year, a new report from a well-respected financial think tank projects, almost double what was forecast just a few months ago by a non-partisan arm of the government.