The Globe and Mail Mostafa Askari, Sahir Khan and Kevin Page Contributed to The Globe and Mail Published February 28, 2021 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Adrian Wyld/The Canadian Press Mostafa Askari, Sahir Khan and Kevin Page Institute of Fiscal Studies and Democracy, University of Ottawa It is almost two years since the federal government presented a full budget plan. The coming budget will be prepared in a difficult economic and fiscal context. The Finance Minister has indicated that this could be one of the most important budgets of our lifetimes. Even with the new vaccines coming onstream it is not certain when the economy can return to normal. All governments have raised their spending to unprecedented levels, leading to a much higher risk of a debt crisis and a debt-driven recession.