top of page
  • Writer's picturePopCan

Higher oil prices give Chrystia 'SS' Freeland more room to piss away money in April budget

Financial Post: 'The government is set for an even bigger revenue windfall than it projected in December, economists say, as higher energy prices boost corporate taxes and fuel incomes in the world’s fourth-largest producer of oil.

'Revenue could surpass projections by as much as $30 billion (US$23.6 billion) over the next two years, though the governing Liberals are likely to book a more conservative amount given extreme levels of uncertainty and volatility as a result of Russia’s war in Ukraine.

'Still, the better-than-expected fiscal picture allows Freeland to deliver on campaign promises from last year’s election, along with new measures to spur growth and innovation, without fuelling deficits that could stoke inflation that’s already at a three-decade high.'

1 view0 comments

Recent Posts

See All

MSN: 'Russian energy giant Gazprom says it has suspended gas supplies to Latvia - the latest EU country to experience such action amid tensions over Ukraine. Gazprom accused Latvia of violating condit

JCCF: 'The Justice Centre regrets to announce that the Ontario Superior Court of Justice has postponed the constitutional challenge to the Ontario government’s now-cancelled vaccine passport mandates.

bottom of page