Significant developments from the Fall Economic Statement 2022 of the Canadian federal government

The 2022 Fall Economic Statement was released on November 3, 2022, by the Honorable Chrystia Freeland, Deputy Prime Minister and Minister of Finance.

The yearly budget for the federal government is passed each spring. It updates Canadians each autumn on the state of the nation’s finances. The Fall Economic Statement report gives the government a chance to recognise how the economy is developing and suggest adjustments to maintain (or put) things on the right path.

What then is the government’s strategy for doing this? What plans does the government have, and how will they help relieve the financial strain on you and your family?

Take a look at the details of what Canadians should expect from the 2022 Fall Economic Statement.