Federal budget will be a 'back to basics' document responding to the chaos in Europe, sources say

The upcoming federal budget — likely to be unveiled in the first week of April — will be a “back to basics” document that accounts for new economic and geopolitical uncertainties stemming from the crisis in Ukraine, senior government sources say.

“It will be different from last year’s COVID measures budget. We’re not in that space anymore. What are the core things government can and should be doing?” said one senior government official who spoke to CBC News on the condition they not be named because they are not authorized to speak publicly about the budget.

Describing this year’s budget as “prudent,”