Federal finance minister Bill Morneau announced today that the deficit for the coming year will not be the $3.9 billion predicted by his government just three months ago.
Instead, the deficit will be at least $18.4 billion and could be as high as $20 billion. Why the huge spike and what will it mean to you?
To find out, I checked in with the chief economist at the Royal Bank of Canada, Paul Ferley and you can hear his answers right here.
Taking a trip to the extreme north of Canada remains a dream for most of us but my Corus radio colleague Kelsey Wingerak from 630 CHED in Edmonton had the chance to take such a trip with the Canadian military. She made it to Resolute Bay and told me all about her experience there.