What? Fed Budget $16.5 billion out of whack says TD Bank

Do the feds have a handle on the money? There’s every reason to ask as a TD Economics report suggests fiscal deficit over the next five years will be $16.5 billion more than what the government forecast  in its March budget. Finance Minister Bill Morneau projected a deficit of $29.4 billion in the current fiscal year, followed by a $29-billion shortfall the next year and a $22.8-billion deficit in 2018-19. But TD says a weakened outlook for Canadian economic growth in the medium term will hit the federal piggybank more seriously. BNN