Canada's Trudeau, finance minister clash over green plans, soaring deficit

  • 📰 Reuters
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

A deepening rift between Canadian Prime Minister Justin Trudeau and his finance minister about coronavirus spending is also fueled by disagreements over the scope and scale of proposed green initiatives, three sources familiar with the matter said.

FILE PHOTO: Canada's Minister of Finance Bill Morneau attends a news conference with Prime Minister Justin Trudeau in Ottawa, Ontario, Canada March 11, 2020. REUTERS/Blair Gable

Trudeau, who campaigned on a platform to tackle climate change, believes the 2021 budget should have an ambitious environmental element to start weaning the heavily oil-dependent economy off fossil fuels and has recently hired former Bank of England governor Mark Carney as an informal adviser, aides say.

Environment Minister Jonathan Wilkinson along with Infrastructure Minister Catherine McKenna, who is a former environment minister, have met with top civil servants to discuss options that could involve billions of dollars in extra spending, said one of the three sources familiar with the matter. Heritage Minister Steven Guilbeault, a life-long green activist, also attended the meetings.

Possible budget measures range from investments to help provinces reduce their carbon footprint, boosting research into clean technology and encouraging the construction of efficient buildings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Probably needs a fresh can of Shoe Polish

Hard when fantasy meets reality

LiveSquawk Trudeau went to a fossil industry investor for advice on climate change?!

Silver_Watchdog Dumb and dumber.

AntiFordTO When did the media turn into gossip columnists?

el fracaso del pijipismo liberal

LiveSquawk Plant article. Both just looking for cover so Trudeau can dump Morneau over the WE fraud, just like SC Lavalin.

RenwablesScam

I think even though we have a high deficit the Liberals need to do something for the environment, that's the main reason they were voted in by the youth mainly. We need something to show the future generation that they matter, that the planet that is left for them matters.

Plenty of money for wars but none for the enviroment. Hypocrite.

A lesson for 🇺🇸.

This racist Trudeau is a disaster

JJ_McCullough Sounds like he could be a reasonable tory. Until now i assumed he was the sort of finance guy only a big L liberal could like. Maybe they were pushing him all along?

JJ_McCullough How did the green economy workout for Ontario? What is Canada’s carbon footprint? JustinTrudeau will keep chasing butterflies and unicorns. However, this time he will dig such a big hole from which Canada won’t be able to climb out of. Geez.

They are not fighting!!! It’s a set up. They both have their hands in the cookie jar... going to try to save narcissist Trudeau

rexglacer Smokescreen story designed to take the heat off of the WE scandal. Liberals are crooks.

rexglacer More Bullshit Media cover up for WE Scandal

Allowing Morneau to resign over “policy differences.” What a joke these two are.

JJ_McCullough Except for some minor wind exceptions Canada is just not suitable for green energy. It would be better to hard wire into Americas Shale infrastructure to get access to our Nat. Gas. Which is one of the cleanest of the green energys.

Lies, you're being fed lies direct from the prime ministers office to deflect from him forcing out Morneau over the WE controversy when he himself is in even deeper.

Convenient. Gives Trudeau an out to get rid of Morneau while still covering up the WE scandal...

I don’t believe this crap.

Nobody will be sorry to see Morneau go. He is utterly replaceable and Trudeau can name his replacement any time he chooses.

All I can say is I wish our politics were so normal.

HomeSchooling_IGCSE Gavin_Williamson_has_to_be_prosecuted Cambridge_has_to_be_prosecuted استغاثة_مصرية_للتعليم_العالي IGians_Rights justice_for_igcse_students IGCSEunfairGradingSystem IGCSE_overrated Cambridgeuk Pearson_Edexcel oxford

FakeNews

Canada doesnt need green plans. How about china just stop building 1500 new coal plants and the rest of the planet can go on like it is!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US, Canada border should be open, trade should flow during pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. MaryscottG cabc_co When America gets their house in order we’ll open the border! Until then keep your COVID outbreak there please MaryscottG cabc_co Canadians viewed Americans as the superspreaders of Covid-19. Please stay in America for now. MaryscottG cabc_co No thank you... yes, keep trade going. But - as a Canadian & American, living in Canada - no thanks to my fellow Americans visiting Canada, until the United States cleans up its act on pandemic control & mitigation. - JMH SafetyFirst SaveALife WearAMask
Source: BusinessInsider - 🏆 729. / 51 Read more »