Morneau Releases Fiscal Plan

PRINCE GEORGE — Federal Finance Minister Bill Morneau released his fiscal plan moving forward and there were no surprises.

The Fall Economic Statement delivers $17.6 billion in new spending over six years, about $16.5 billion of it in foregone revenue to boost Canadian business productivity.

The Liberals, who promised during the 2015 election campaign to cap deficits at $10 billion and balance the books by 2019, are now forecasting a $19 billion dollar shortfall this fiscal year.

Conservative Leader Andrew Scheer was asked about Liberal finances during a recent visit to the city.