CP NewsAlert: Liberals target affordability to meet era of uncertainty

OTTAWA — The federal Liberals say they’re getting a windfall from better-than-expected fiscal revenues and are largely putting that money back into circulation to support households and build up the economy.

But Ottawa’s spring economic update contains significant levels of economic uncertainty in the years ahead over the Iran war and U.S. tariffs.

Finance Minister François-Philippe Champagne tabled a mid-year fiscal update today with $54.5 billion in new costs and spending since the November budget.

That is led by the temporary boost to the GST benefit announced in January.