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Canada’s Deficit Plan Has Less Than 1% Chance of Success: PBO

Ottawa is boasting of fiscal anchors, but the latest stress test is about to give taxpayers that sinking feeling. This morning, the Parliamentary Budget Officer (PBO) released its 2026 Economic and Fiscal Outlook, reviewing Ottawa’s fiscal projections and the probability of meeting them. The non-partisan agency found the federal plan stands up on paper, but it hasn’t quite developed its sea legs, pegging the odds of success at less than one percent.

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