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- Canada's Parliamentary Budget Officer (PBO) estimates the federal deficit for 2023-24 reached $46.8 billion, surpassing the $40 billion target set by the Liberal government.
- Finance Minister Chrystia Freeland has not confirmed whether the government still expects to meet the fiscal target.
- The PBO forecasts economic growth to improve in 2025 as interest rates decrease.
PBO Projects Federal Deficit Exceeds $40B Target, Liberal Government Silent on Meeting Goal
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