Trudeau to Unveil New Budget on March 19 Ahead of Fall Election
- Oil shock likely leaves little room for major new spending
- Government has been eyeing expanded pharmaceutical coverage
Canadian Prime Minister Justin Trudeau, left, with Finance Minister Bill Morneau looking on.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Finance Minister Bill Morneau’s pre-election budget will be unveiled on March 19, as the Canadian government looks to dangle new program spending ahead of a vote this year.
Morneau announced the budget date in parliament Wednesday. He has signaled it will include new prescription drug coverage and measures aimed at younger homebuyers.