The meeting will focus on the economic situation both domestically and globally, according to a federal source with knowledge of the gathering, including discussions on how to provide incentives and supports to be competitive with the U.S.’s Inflation Reduction Act.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
The source, who spoke on the condition they not be named to discuss matters not yet made public said the ongoing challenges with health care in Canada will also come up at the meeting. More substantive discussions on that will be held next week when the prime minister meets with premiers on Feb. 7.Article content
We are in a situation with a lot of economic uncertainty globally, said Freeland, adding that later in the day, the ministers will have a discussion with Bank of Canada governor Tiff Macklem.Despite the need to address health care challenges, Canadian jobs and the transition to a clean economy, Freeland said the government recognizes it also has to contend with real fiscal constraints.
The Bank of Canada raised its key interest rate again last week, bringing it to 4.5 per cent, but signalled it’s taking a pause to let the impact of its aggressive hiking cycle sink in.
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Freeland meets with provincial, territorial finance ministers in Toronto - BNN BloombergDeputy Prime Minister and Finance Minister Chrystia Freeland is hosting an in-person meeting today with the provincial and territorial finance ministers in Toronto to discuss issues including the transition to a clean economy, challenges in healthcare systems across the country, and the current economic environment. What's the point if she never answers any question? Just send the generic scripts by email and save yourself and others a trip. Perhaps a preemptive gesture to soften us up before the Emergencies Act report comes out which will probably highlight the role Biden's Inflation Reduction Act played in its invocation. If the meeting was to address countering US IRA spending and attracting EU friendshoring this cabinet has already failed Quebec and Ontario. Mexico is getting over 2/3 of planned investment (FT). Even South Carolina was surprised here:
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Freeland meets with provincial, territorial finance ministers in TorontoDeputy Prime Minister and Finance Minister Chrystia Freeland is hosting an in-person meeting today with the provincial and territorial finance ministers in Toronto to discuss issues including the transition to a clean economy, challenges in healthcare systems across the country, and the current economic environment. She's in town? This explains why it's so cold today. Our next PM, as corrupt as the present one. Feeling cute might crush the peasants later
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Freeland to meet provincial and territorial finance ministers in Toronto | Globalnews.caThe meeting comes at a tense time for many Canadian consumers, with inflation still running hot and interest rates much higher than they were a year ago.
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