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Canada to release federal budget on March 19: finance minister

 Canada to release federal budget on March 19: finance minister

OTTAWA (Reuters) - The Canadian government will unveil its budget for the 2019/20 fiscal year on March 19, Finance Minister Bill Morneau said on Wednesday.

The budget is the last before a federal election in October. The Liberal government, which has pledged to boost spending to invigorate an economy hit by low oil prices, forecast in October the 2018-19 deficit at C$18.1 billion ($13.76 billion), smaller than the revised C$18.8 billion in the February 2018 budget.

(Reporting by Julie Gordon in Ottawa; Editing by Peter Cooney)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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Updated Date: Feb 21, 2019 02:05:54 IST