A report says the federal budget is on track to be $20.5 billion in the red this fiscal year,
Chris Helgren / Reuters
But the former parliamentary budget officer said it was "exciting."
Bloomberg via Getty Images
The federal government ran a deficit of $2.7 billion in August compared with a deficit of $2.3 billion in the same month last year.
Spending more on infrastructure would boost Canada's economy, Poloz argues.
Spring budget had projected the deficit to be $5.4-billion.
Adrian Wyld/Canadian Press
The Liberals are projected to rack up $150 billion in deficits over five years.
A spokesman said it is questionable whether MPs should get $25 million more to spend on expenses.
Bloomberg via Getty Images
Liberals can still meet their target in the long run, just not in the short run.
Liberal stimulus spending, combined with a weaker economy, will send Ottawa into the red.
Ottawa's fiscal monitor says the improvement was boosted by higher personal income tax and Goods and Services Tax revenues.
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