Chrystia Freeland faces big spending demands and darker economic outlook

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Finance Minister Chrystia Freeland is under significant pressure to spend more on clean\u002Denergy subsidies and health care. Find out more.

The energy industry is seeking billions in public funding for carbon-capture projects to help meet emissions targets and keep Canada competitive as the United States rolls out green subsidies under the Inflation Reduction Act.

Provincial governments, meanwhile, want billions to help patch up Canada’s health-care system. A major increase in federal health payments to provinces may knock the government off the path it mapped out for balanced books within five years. “We still do not know for sure how the plane is going to land,” she said. “We do not know for sure how the COVID recession is going to finally play out.”Article content

 

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