Times Colonist

> What to expect in today’s federal budget,

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OTTAWA — Finance Minister Bill Morneau will release the federal government’s final budget of its mandate Tuesday, heading into Oct. 21 federal election. Some things to watch for: • A boost to skills training

The budget is expected to announce measures to help Canadians cover their bills if they choose to head back to school to upgrade their skills or to change careers. Morneau has also said he wants to make sure workers have dedicated time off so they can get that skills training. • Helping more millennial­s buy homes

The budget will include plans to help more first-time buyers enter the housing market, changes that will arrive at a time of out-of-reach real estate prices in some parts of the country. Morneau has said he’s particular­ly focused on helping millennial­s, a generation of people who are now in their mid-20s to late 30s. • (Early) steps toward national pharmacare

The Liberals also plan to move toward their two main goals on pharmacare: keeping costs down and ensuring better coverage for everyone. This month, an advisory panel assembled by Ottawa released an interim report that recommende­d the federal government create a new agency to oversee the rollout of a national drug plan, the first part of a much broader pharmacare program. • On or off the fiscal track?

In November, Morneau predicted annual deficits of $18.1 billion in 2018-19, $19.6 billion in 2019-20 and $18.1 billion in 2020-21. After 2020-21, the shortfalls were expected to shrink each year, reaching $11.4 billion in 2023-24. • Lifeline for the news industry

The government is due to deliver an update to its plan to support the ailing journalism industry. Last fall, it announced new tax credits and incentives worth $595 million over five years.

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