Politics

Federal budget 2017: Highlights of Bill Morneau's 2nd budget

Deficit to rise slightly, plans to spur innovation and no major tax increases

CBC News

March 23, 2017

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Finance minister reads his second budget in the House of Commons  27:41

Finance Minister Bill Morneau has tabled his second federal budget, a document that fleshes out the details of the government's infrastructure spending and plans for innovation while avoiding major tax changes.

The budget revises the deficit for the year just ended, rising slightly to $23 billion, and forecasts a deficit for the coming year of $28.5 billion, including a $3-billion "risk adjustment."

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Here are highlights from the 2017 federal budget:

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