Only time will tell if the Liberals are diving too far into the red ink.
That according to the organization representing Canada’s chartered accountants, as Ottawa projects Canada’s federal debt will plunge to nearly $30 billion this year.
CPA Spokesperson Bruce Ball says while they’re concerned about it being a lot in the short term, it’s a feasible number so long as Ottawa practices smart spending.
He says they’re hoping to have a better idea of how the feds plan to get back on track and balance the books in next year’s budget. (Photo supplied)
