Prime Minister Justin Trudeau defended the Liberal government’s economic policies on Thursday, following public criticism from his former finance minister, Bill Morneau.
Mr. Trudeau countered that Mr. Morneau helped shape major wealth-redistribution programs, including the Canada Child Benefit and an increase in taxes on wealthier Canadians. The Prime Minister said the government had to shift gears when the pandemic hit, by spending billions of dollars to provide economic relief to businesses and individuals.
In Mr. Morneau’s speech to the C.D. Howe Institute, he said there was never any urgency in the Trudeau cabinet to combat Canada’s low productivity. The former finance minister noted that the Organization for Economic Cooperation and Development predicts Canada will rank last among wealthy countries in terms of real GDP per capita between 2021 and 2060.
“These are the kinds of things we have done, and we know through supporting Canadians – making sure everyone has a real and fair chance to succeed – that is how you create the best growth,” he said.
To the global mail why weren't you out saying something about Ford you only praised him helped him get back in and now we're stuck with a jerk for another 4 years with only 18% voted for him?
Indefensible inflation, tax increases and buying votes with taxpayer's money. Justin doesn't have a clue about fiscal management!!! Liberals wiped out in Ontario election!
Trudeau said so publicly: he’s not interested in monetary policy. Don’t be surprised about inflation.
Lies just more lies, or is it because he knows no better?
Trudeau is like that Harry Potter professor who is only about his looks and fame, but has no actual skill or back bone or street smarts....what's his name again?
acoyne Its about time. When is Mark Carney going to wake up?
He can barely spell economics, he can spell drama, and politics, and hairdressing.
Look who is defending economic agenda, actor and drama teacher who was saying that budget will balance itself 😂, he didn’t realize that since he become PM since that day CAD is falling it’s a result of money printing otherwise with this crude price CAD should be equal to USD
The pandemic-induced recession of 2021 was one of the deepest, yet shortest in Canada’s history. The level of economic activity is now only 1.2% below its pre-pandemic level. We expect growth to reach
Canada’s economy has consistently recorded an uptick in positive economic surprises over the past quarter, both in absolute terms and relative to the trend in the U.S. Exhibit 1 illustrates that exports have been a bright spot, having surged almost 23% to C$642 billion since
Canadian, U.S. oil companies scramble to find workers despite boom.
Canada's economy poised to grow in the first quarter, dodging America's fate Latest growth numbers just support the case for larger Bank of Canada hike. “Compared to our neighbour to the south and our global peers, Canada is clearly outperforming.”.
Canada Has More Jobs Than Before COVID-19, BMO Economist Says By Colin Singer -May 5, 2022..
Canadian economic activity remains strong, and employment is robust. The Bank is forecasting growth of about 4¼% in 2022, easing to 3¼% in 2023....
Canadian job vacancies jump to record high ahead of patio season:.
JTSingh..an international embarrassment
What economic agenda Oh right, this one
Lol… okay. He can’t think with his head so he is using from those incompetent to run anything. Sad…. But will be costly.
If Trudeau had taken an introductory economics course he would be laying awake at night praying that there isn't a housing bubble in this country that bursts due to the aggressive BOC rate increases. If that happens, deep recession here we come.
Interesting how Trudeau defends when he admitingly doesn't give thought to monetary policy! How does that work?
You can’t tax your way to prosperity. When will the Left learn this? Likely never.
Trudeau: 'You'll forgive me if I don't think about monetary policy' No, as a matter of fact, I won't.
Budget will balance itself baby!
Trudeau’s agenda is indefensible.
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