
OTTAWA – The parliamentary budget officer said Thursday he expects the coming fall budget will reveal a sharp increase in Ottawa’s deficit that puts the government’s previous fiscal anchors in jeopardy.
Ottawa’s fiscal watchdog Jason Jacques now projects the federal government will post an annual deficit of $68.5 billion this year, up from $51.7 billion last year.
He said in a new report that he expects federal debt-to-GDP is no longer on a declining path over the medium term — a ratio that previously was a key fiscal anchor for the federal government.











Broadcaster Keith Olbermann has become ever more embittered and isolated as his work and influence have dried up, with former colleagues worried he needs “serious help,” The Post has learned.