Canadas Fall Economic Statement 2025 . Edmonton Chamber Response to the Government of Canada’s 2024 Fall Economic Statement Edmonton The 2024 Fall Economic Statement (FES) maintains the government's forward-looking fiscal anchor, with a debt-to-GDP ratio projected to decline in each year of the forecast horizon, from 41.9 per cent in 2024-25, to 38.6 per cent in 2029-30 and keeps the deficit under 1 per cent of GDP in 2026-27 and future years. The 2024 Fall Economic Statement announces new initiatives to secure economic growth and protect jobs, particularly in light of new economic uncertainties in North America and globally following the U.S
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