A by-the-numbers look at the federal government’s latest economic update

OTTAWA — A look at the federal government’s latest economic update, by the numbers:

— Deficit to rise to $25.1 billion this year, from the $23.4 billion forecast in last spring’s federal budget. 

— Deficit to rise to $27.8 billion in 2017-18.

— Deficit to shrink to $14.6-billion in 2021-22.

— Deficits to total $114.9 billion between 2016-17 and 2020-21, compared with $83.3 billion in shortfalls predicted last spring.

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— Government to establish infrastructure bank using $15 billion in cash, taken from extra money outlined in the economic statement, to pay for projects that may not turn a profit, and another $20 billion in seed capital that would go out in loans.

The Canadian Press