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Newspaper
Chronicle Journal
Location
Thunder Bay, Ontario, Canada
Date
Dec 17, 2024
Page
9
Ottawa's fiscal update projects a deficit near 6.2 billion as Finance Minister Chrystia Freeland resigns hours before tabling. The 2023-24 shortfall reached 61.9 billion, driven by Indigenous claims and ongoing pandemic costs, reflecting greater uncertainty and policy changes after Trudeau moves Freeland from finance.
Ottawa confirms Terry Fox will appear on the next five dollar bank note. The selection honors the Marathon of Hope founder, who raised over 24 million for cancer research, with the Bank of Canada aiming to inspire more giving. Fox replaces Sir Wilfrid Laurier on the five, while Laurier’s current spot moves to the fifty.
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