The Canadian government admitted Tuesday that the country faces a "turbulent" economy this year that could blow a big hole in planned spending.

Iran PressAmerica: Prime Minister Justin Trudeau and his cabinet ministers are on a three-day retreat from Jan. 23-25 to figure out what to do about myriad problems facing Canadians that could require billions of dollars to alleviate.

There is a crisis in healthcare, with hospitals at or above capacity, and the provinces demanding more money to ease the pain. The prime minister has also promised a national drug program that will drain billions from the treasury.

At the retreat, Trudeau and his cabinet heard economists sound the warning bell on spending and job losses.

"I would say we can expect the economy to slow significantly. The unemployment rate will rise," said economist Carolyn Wilkins of Princeton University.


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