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Posthaste: Canadians might want to brace for bigger federal budget deficit than they thought

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Summary
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69% Informative

BMO Capital Markets : Canada 's deficit could climb towards $80 billion or about 2.5 per cent of GDP.

The sudden cancellation of Canada ’s digital services tax after U.S. President Donald Trump broke off trade talks will cost the government about $7 billion in lost revenue, BMO estimates.

The de-escalation of the trade war with the U.K. and possibility of a deal is good news.

Today ’s Posthaste was written by Pamela Heaven with additional reporting from Financial Post staff, The Canadian Press and Bloomberg .

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VR Score

77

Informative language

78

Neutral language

63

Article tone

semi-formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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