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Canada's finance minister says she is preparing budget with fiscal constraint in mind

Published 03/08/2023, 03:24 PM
Updated 03/08/2023, 03:26 PM
© Reuters. FILE PHOTO: Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland delivers the fall economic statement in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada November 3, 2022. REUTERS/Blair Gable

(Reuters) - Canada's Finance Minister Chrystia Freeland said on Wednesday she is preparing a budget, expected sometime this spring, with fiscal constraint in mind and a goal to avoid fueling inflation.

© Reuters. FILE PHOTO: Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland delivers the fall economic statement in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada November 3, 2022. REUTERS/Blair Gable

"I am very conscious that we're putting together this budget at a time of meaningful fiscal constraint and that fiscal constraint is exacerbated by the fact that the Canadian economy is slowing," Freeland told reporters in Mississauga, Ontario.

Freeland said she will put "the budget together over the next few weeks," but did not provide a more specific timeline.

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