Federal Finance Minister Chrystia Freeland says Canada will fight for Canada, and that will be a focus of today’s long-awaited fall fiscal update.
Freeland last week indicated that Ottawa hit its debt-to-GDP target last year, but would not commit to meeting the $40 billion deficit target set.
Expectations are that today’s update will be a positive affair leading into a possible election early in the new year, but the minister says it will also address the “reality of the incoming US administration.”
Freeland says expect to hear more today about Canada’s approach to what’s happening south of the border and the Trump administration’s America First economic policy.
“This is an administration which openly has a strategy of creating economic uncertainty outside the United States,” Freeland told reporters on Friday. That’s a strategy says Freeland which is focused on discouraging investment “anywhere other than the United States.”