Former finance minister Morneau 'worried' over Canada's economic trajectory

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Former finance minister Morneau says Canada must address 'anemic' investment to correct economy's course

Morneau, who held the post from 2015 to 2020, said he was and still is deeply concerned that Ottawa is spending more time finding ways to redistribute wealth across the country than focusing on the importance of enhancing collective prosperity.

“The contrast in potential is startling. Australia and the U.S., they're expected to rise by about 45 per cent, Denmark and Japan, about 50 per cent, Hungary 60 per cent. The country with the lowest projected GDP increase over the same period, Canada. And it’s not even close, our real GDP is projected to grow by only about 30 per cent,” he said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

We are building empires around the world that milk us of trained minds who siphon our economy and pay directly into communist china!!

Ya THINK?

The budget will balance itself, he missed that memo apparently

Thankyou someone with a brain showed up against Turdeau.

By making people to return their CERB payments. Fantastic!

Morneau needs to relax. The situation we're in can't be turned around in a day, and he knows it. He's just trying to get political mileage.

Why didn't he practice what he now preaches?

Only thing Canada can do is adopt a sound money standard with Bitcoin. We're not printing our way out of this ruined economy.

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