As much as some might see her as a change from Bill Morneau, who abruptly resigned Monday, there was no hint of a major shift in her earliest hours in the job.
It was also in line with thoughts Freeland laid out in her 2012 book, Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else. She argued governments needed to be alert to extraordinarily wealthy people using their political and financial heft to enlarge their slice of the economic pie, rather than growing the pie itself.
Hassan Yussuff, president of the Canadian Labour Congress, suggested Freeland would also ensure all new spending has a gender lens so women, who have been disproportionately affected by job and income losses, aren’t left behind in a recovery. “As hard as NAFTA negotiations were, and those were extremely difficult, leading Canada’s fiscal and economic rebound from COVID-19 is going to be even harder,” Hughes said.
Goldy Hyder, president of the Business Council of Canada, asked Freeland in an open letter to “establish clear fiscal targets” to use for judging “incessant demands for new spending.” “If they come out with a whole lot more spending, I think that’s where they risk spooking markets a bit that they are not looking at the economic conditions, they are looking at more the political side of spending,” Young said.Article content continued
Way before there was any crisis on the horizon, the Liberal gov’t has been spending like mad from the time they set foot in office in 2015, uncaring about going into deficit. With a real crisis, they just keep spending more, in cahoots with the NDP who’s keeping them in power
Would any of you hire an evil smurf to manage your finances?
At the current rate of spending 1 trillion dollars plus 500 billion when they return, Liberals will sink us so deep it will take 25 years to repay our debt. Careful taxing the next generation with overspending of today! They are not hard working baby boomers with money skills!
The economic crisis is driven by JustinTrudeau largess with our tax dollars.
Someone needs to send that dog back to the pound.
Economic Incompetence.
'If they come out with more spending, I think that's where they risk spooking markets that they are ignoring economic conditions' But of course that's exactly what Freeland will do.She is grossly confused, thinking this ministry is about SPENDING money, not about BUDGETING money
oh boy
Trudeau will dictate spending plans and his lap dog Freeland will happily go along.
Please,,,,, This economic crisis will not stop these liberals from spending hundreds of billion in yearly deficits,,,,, What they will do is just raise out taxes every month, like they have some 18 times in the past 4.5 years.
No, our socialist PM will dictate spending!
I'm not a journalist, nor a headline writer, nor an economist but I could have written this without taxing my brain. As the young folks say, no st Batman.
First rule of problem solving: 1.) Don't cause the problem. Second rule of problem solving: 2.) Those who have cause a problem will not solve the problem. If they could, they would not have caused the problem in the first place.
I expect some bastardized version of a UBI in order to buy support from theJagmeetSingh and the NDP and extreme push towards so called “green” infrastructure to buy support from the CanadianGreens Cost of living and taxes go up Debt increases Future generations pay the price
Money printing of thin air = perfect recipe for disaster.
YOU CANNOT SPEND YOUR WAY OUT OF A FINANCIAL CRISIS! Watch as the Trudeau gov't shows you how!
She is clueless
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