The Liberals have argued the new split budget process will give a more accurate picture of federal finances as the government focuses investment on growing the Canadian economy over the longer term. Photo by ARIF KARTONO/AFP via Getty Images

Earlier this month, Ottawa unveiled details on what it is calling its capital budgeting framework, a new approach to delivering the annual federal budget that aims to differentiate between operational and capital spending. First proposed during the election campaign as part of Prime Minister Mark Carney ‘s platform, the Liberals have argued the new split budget process will give a more accurate picture of federal finances as the government focuses investment on growing the Canadian economy over the longer term. Critics and the opposition, howe

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