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Canada rolls out post-pandemic spending plan ahead of likely election metro.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metro.us Daily Mail and Mail on Sunday newspapers.
Winnipeg Free Press By: Jordan Press, The Canadian Press Posted: Last Modified: 2:07 PM CDT Friday, Apr. 16, 2021 Save to Read Later OTTAWA - The Liberals will look to thread an economic needle with Monday s budget, while dealing with a minority Parliament where the document s defeat would topple the government. Prime Minister Justin Trudeau looks on as Deputy Prime Minister and Finance Minister Chrystia Freeland responds to a question during a news conference on Parliament Hill in Ottawa, Tuesday, Aug. 18, 2020. THE CANADIAN PRESS/Adrian Wyld OTTAWA - The Liberals will look to thread an economic needle with Monday s budget, while dealing with a minority Parliament where the document s defeat would topple the government. ....
Article content OTTAWA Industry representatives are urging Finance Minister Chrystia Freeland to back away from plans to spend $100 billion in additional stimulus, saying it would needlessly swell public debt levels and could risk overheating the economy. In her fiscal update last November, Freeland said the $100 billion in new spending would be pegged to the jobs market, which now serves as a “fiscal guardrail” to guide future spending plans. But many economists and business executives are warning that faster-than-expected economic growth and a vastly improved labour market have deemed those plans obsolete, and could instead harm the longer-term growth prospects of the country. ....
The Globe and Mail 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 Nathan Denette/The Canadian Press Heading into the federal budget next week, a long-neglected term is back in fashion: industrial policy. Canadian miners are anticipating government support for rare-earth mineral production and refining capacity. Automobile part-makers are pushing for additional federal dollars to spur the development of supply chains for electric-vehicle batteries. Both groups are calling for a more aggressive industrial strategy, where governments target specific industries and play a role in shaping markets. ....
Federal budget expected to bet on child care, green economy to drive the recovery Senior government sources tell CBC News the federal budget will include items that balance pandemic measures with efforts to set the stage for the post-pandemic economic recovery and clues to its contents can be found in last fall s speech from the throne and the Fall Economic Statement (FES). Social Sharing ....