Canada finance minister to make announcement on Monday: office

Reuters

Published Oct 02, 2016 03:40PM ET

Updated Oct 02, 2016 03:50PM ET

Canada finance minister to make announcement on Monday: office

TORONTO (Reuters) - Canadian Finance Minister Bill Morneau has scheduled an announcement on Monday, his office said on Sunday, without disclosing further details.

Morneau, who is traveling the country for consultations on next year's budget, will make the announcement at 11:15 a.m. (1515 GMT) in Toronto, according to a department advisory. It will be followed by a background briefing for media.

On Monday, Morneau said Canadian economic growth this year was less than the government initially expected, in a sign Ottawa could run budget deficits for longer than planned.