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Ottawa announces $6-billion for skilled trades, projects smaller deficit in spring economic update

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Ottawa announces $6-billion for skilled trades, projects smaller deficit in spring economic update

Questions remain about sovereign wealth fund; government says it may try to generate money from existing assets

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The Globe and Mail
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Open this photo in gallery:Finance Minister François-Philippe Champagne during a news conference in Ottawa on Tuesday.Spencer Colby/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountFinance Minister François-Philippe Champagne released a spring economic statement Tuesday that accounts for more than $54-billion in new spending over six years since the November budget, while still beating Ottawa’s deficit targets thanks to improved forecasts for growth.Much of that new spending includes recent multibillion-dollar announcements such as boosting the GST credit and a short-term break on gas taxes.The major new funding announced for the first time Tuesday includes about $6-billion over five years for a package of incentives aimed at education and…

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