Canada Budget 2016: Oil Poses Great Risk for Growth

The video discusses concerns about the budget, focusing on a $6 billion unallocated contingency fund, which constitutes 20% of the projected deficit. The conversation highlights the risks associated with this unallocated fund, especially if economic conditions do not meet expectations. Additionally, the video examines growth projections, noting the government's expectation of a 2.2% growth next year, which relies heavily on a significant increase in oil prices. The discussion raises questions about the feasibility of these projections and the potential impact on the deficit if oil prices do not rise as anticipated.

What concerns are raised regarding the unallocated funds and the projected deficit?

What is the expected increase in the price of oil for the next fiscal year?