2017 federal budget: Analysis of the measures for life sciences
2017 budget: Building a strong middle class.
- The budget projects a deficit of $28.5 billion for the 2017-2018 fiscal year and $27.4 billion in 2018-2019. Returning to a balanced budget is not expected to happen in the medium term.
- The weight of the federal debt as a percentage of GDP should remain stable at 31.5% this year and next year.
- Generally speaking, the government intends to stimulate economic growth by encouraging innovation in the leading sectors and by supporting labour training initiatives.