By Natasha Bulowski Local Journalism Initiative Reporter Canada’s finance minister will present a fiscal look-ahead Thursday as Canadians grapple with high inflation and an impending recession. The fall economic statement gives an update on the state of Canada’s economy and outlines the federal government’s plans for coming years. With affordability top of mind for Canadians, pressure to respond to the Inflation Reduction Act south of the border and signals from Finance Minister Chrystia Freeland that the government will exercise fiscal restraint, it remains to be seen what new spending and savings are on the menu. Based on recent provincial updates, revenues “will likely be substantially higher than was forecasted in the spring budget,” and the deficit for the 2022-23 fiscal year will likely be “cut in half, roughly,” David Macdonald,
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