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Federal Liberals Table Budget

It is the first budget under Prime Minister Mark Carney.

OTTAWA - Making Canada a more attractive place to invest. That is the message behind Prime Minister Mark Carney's first federal budget.

The 406-page budget includes almost 90 billion dollars in net new spending items over five years. Those include billions of dollars for infrastructure as well as new tax opportunities for business. The budget projects a deficit of 78 billion for this fiscal year, which is more than double last year's estimates.

Finance Minister Francois-Philippe Champagne defends the shortfall by saying the government needs to meet the current generational shift in the economy.

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