In October, Parliamentary Budget Officer Yves Giroux said his analysis showed that the government “will not meet its fiscal commitment” to keep the deficit below $40 billion, and that it had reached $46.8 billion in 2023-2024.

Conservative Leader Pierre Poilievre said Wednesday it's time for Finance Minister Chrystia Freeland to present a fall economic statement to reveal the state of the country's finances.

Poilievre says he will allow Freeland two hours to present the fall economic statement on Monday — a day allocated for Conservatives to present their own motions in Parliament. The Conservative leader says he’ll give up that time so the government can tell Canadians whether it kept a promise to cap the federal deficit at $40 billion.

In absence of Deputy Prime Minister and Finance Minister confirming a date to present a fall economic statement, Conservative Leader Pierre Poilievre is offering to give up two hours of scheduled opposition time next Monday to 'tell us how much she's lost control of the nation's finances.