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PoliticsLIVE BLOG RECAP

Federal budget 2016: Liberals post $29.4 billion deficit

Finance Minister Bill Morneau tabled his first federal budget today in the House of Commons. The Liberal government will post a deficit of $29.4 billion in the next fiscal year. Read a recap of our budget day liveblog.

What do you want to know about the federal budget? Our experts weighed in, scroll through the blog

Finance Minister Bill Morneau called his first budget a "reasonable and affordable" plan, despite the red ink washing across the otherwise sunny tone of his rookie budget. (Canadian Press)

Finance Minister Bill Morneau tabledhis first federal budget today in the House of Commons. The Liberal government will post a deficit of $29.4 billion in the next fiscal year.

You can read our main story about the budget: here.