What To Expect In Canada's Fall Economic Update

John Manley joins CTV's Power Play to share his thoughts on what the federal government's fall economic update will hold. 

He says, "It's going to be a tough one for the minister . . . She's got some real problems to deal with here. She has to deal with, clearly, the housing shortages, the pressure from the NDP on a pharmacare program, lots of spending requests from other ministers. And at the same time, we're seeing interest rates going up . . . That means you've got to try and turn back some of the spending. So that's a tough balancing act. We'll see whether she can pull it off."

John will also be looking to see if the economic update addresses a fiscal anchor on spending and where the government stands on adding to accumulated debt.