OTTAWA (Reuters) – Canada will allow businesses to write off more of their capital investments to make them more competitive, Finance Minister Bill Morneau said on Wednesday as he unveiled a budget update that projected a C$18.1 billion deficit for 2018-19.
The projected deficit for this fiscal year was smaller than a revised C$18.8 billion projection in the February budget.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Source: Investing.com