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The federal government has doled out billions of dollars to help Canadians during the COVID situation, and today we’re expecting an update on the country's economic health.

Finance Minister Bill Morneau is set to release a fiscal and economic “snapshot” on Wednesday, detailing an estimated deficit and projections for Canada’s economy.

Although it's not a federal budget, it’s the closest thing we will get to one because of the COVID situation.

More to come.