Independent Parliamentary Budget Officer rings alarm bell over Carney's deficit projections

As Carney heads off on yet another foreign trip, the PBO estimates that the Government's spending will exceed Justin Trudeau's

Canada’s Parliamentary Budget Officer (PBO) warns the nation is headed for a “sharply” increased deficit of up to $68.5 billion by year-end, calling the figures “definitely a cause for concern.”

Interim PBO Jason Jaques told the Standing Committee on Government Operations and Estimates on Thursday that “everybody should be concerned” about spending.

“It’s…