Finance minister stands his ground as budget watchdog predicts higher deficits

CBC: Ryan predicts annual deficits will over the next five years average $4.6 billion higher than Ottawa projected in its spring economic update.

The budget office expects the deficit for this fiscal year will edge down to $71.8 billion — still about $6.5 billion higher than Ottawa’s spring projection.

…Finance Minister François-Philippe Champagne was set to appear at the parliamentary finance committee on Thursday morning, 15 minutes after the PBO report was released. He did not stop to answer questions on his way into or out of the meeting…

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