10 month shortfall at $39.6 billion
$16 billion of this year’s deficit is attributable to stimulus measures: Flaherty
Deficit is almost entirely due to the impact of the recession, Finance says
Other Budget 2009 measures receive Royal Assent
Corporate tax revenues down sharply
Revenue falls, while spending rises
Changes will impact 2.4 million low- and middle-income families with children
Initiatives set to roll out over the next two years
Auto bailout will boost federal deficit to $51 billion this year
Revenues drop 14%