Amadeusz Juskowiak

Canada government spending to rise 38 pct

The federal governments expenditures will rise 38 pct in the fiscal year beginning April 1 to 11014 billion dlrs from 10701 billion dlrs in fiscal 1987 the Treasury Board said

The board noted the growth in the main estimates is the lowest since 1962 and below last years 39 pct increase

After inclusion of two special accounts an unemployment insurance fund and a grain stabilization fund total expenditures amount to 12255 billion dlrs the same as the estimate in the governments budget last month The budget also estimated a deficit of 293 billion dlrs for fiscal 1988