Live: What Bay Street and beyond are saying about the federal budget

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Live updates: What people are saying about the federal budget today

There’s a lot to cover here and to get you started have a look at Stephanie Hughes’ quick summary of the main points. It will literally take just a minute.Canada’s national accounting association praised the federal government’s pledge this week to create a financial crimes agency to lead enforcement in the area of money-laundering and other financial crimes that “inflict serious costs” on Canada’s economy.

Thursday’s budget promised measures that would help “maintain the integrity of the financial system, promote fair competition, and protect both the finances of Canadians and our national security,” including the creation of the Canada Financial Crimes Agency.Critical minerals are a key pillar of the budget. The government is proposing billions of dollars in new spending to encourage more mining of the minerals that will be crucial as the world transitions to a low-carbon economy.

Canada has a lot of these minerals, but not so much of the infrastructure needed to first of all get them out of ground, and then turn them into something useful.Article content

 

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