'Wake up call:' Business council urges fiscal restraint to support economic growth

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

'We simply can’t keep spending money that we don’t have.'

Goldy Hyder, the head of the Business Council of Canada, delivered what he called a “wake up call” on Wednesday, urging the federal government to focus on fiscal responsibility to help boost economic growth in Canada.

"Our considerable competitive advantages have lulled us into a sense of complacency. We’re content with settling for 'good enough'," Hyder said on Wednesday. "Our federal debt has more than doubled over the last three years," he said. "We simply can’t keep spending money that we don’t have." "It will also put in jeopardy the social programs Canadians value. This is precisely what we must avoid."

Learn to speak, read, and write Thai and Thai script with our easy and fun online course. Nine years of experience teaching individuals and groups. CAIRO — As desperate Palestinians in sealed-off Gaza try to find refuge under Israel’s relentless bombardment in retaliation for Hamas' brutal Oct. 7 attack, some ask why neighboring Egypt and Jordan don’t take them in. The two countries, which flank Israel on opposite sides and share borders with Gaza and the occupied West Bank, respectively, have replied with a staunch refusal. Jordan already has a large Palestinian population.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 47. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business council urges Chrystia Freeland to avoid new spending in economic updateBusiness council of Canada wants the finance minister to focus on managing the cost of servicing Canada’s growing debt in light of higher borrowing costs
La source: globebusiness - 🏆 31. / 66 Lire la suite »

Chinese Vice Premier to Address Top Business Executives at ForumChina will look to improve cooperation under the Belt and Road Initiative with an emphasis on sustainable debt, according to Vice Premier He Lifeng, as Beijing tries to reinvigorate its flagship infrastructure project.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Planemakers bet on steady demand for business jets, but Wall Street waryExplore stories from Atlantic Canada.
La source: SaltWire Network - 🏆 45. / 63 Lire la suite »