The Canadian dollar notched a seven-month high at 1.3147 per U.S. dollar, or 76.06 U.S. cents, as the greenback broadly declined, while Canada’s 10-year yield eased 2.2 basis points to 0.562 per cent.
“Markets weren’t concerned … because there were so many reports that you’ve got these heavy-hitting economists sitting in undisclosed high positions of power,” said Simon Harvey, FX market analyst for Monex Europe and Monex Canada.Trudeau prorogues Parliament, Freeland new Finance Minister Her views should not come as a surprise to followers of Trudeau’s policies. Striving towards “inclusive economic growth” has long been a platform of the current Liberal government, said Craig Alexander, chief economist at Deloitte Canada.Alexander added that while a finance minister may support addressing economic and social challenges, they must also “manage the public purse.
“This is a fiscally activist government to begin with,” said Scotiabank economist Derek Holt. “The direction of the risks is towards more fiscal activism as opposed to less going forward.”
... a journo with little corporate experience ... what could go wrong? ...
Congrats, Ms. Freeland, I hope you are successful in your new post. We sure need some reining in though I think.
I am. What are her qualifications again?
Every single Canadian is concerned about the greasy switcharoo with the new finance minister!
TRUDEAU'S PUPPET IS GONE . WHAT HAPPENS NOW? JUST ANOTHER KICK IN THE HEAD TO HANDICAP AND DISABLED CANADIANS
When the media is the wind beneath your wings. Liberals can do no wrong.
The fact that that had to be checked...
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Chrystia Freeland To Be Named Canada’s New Finance MinisterBill Morneau resigned from the senior cabinet position Monday. She will be brilliant. You are looking at our next PM Because a BA definitely makes you qualified to run a G7 economy. How can cafreeland be DeputyPM_Canada AND Finance Minister? Either find someone else to fill the position or do a damn cabinet shuffle. 🤦♂️
Source: HuffPostCanada - 🏆 61. / 53 Read more »
Deputy Prime Minister Freeland to replace Bill Morneau as Finance MinisterFreeland will become the first female Finance Minister in Canadian history Why not. We have a graphic designer as Minister of Health we might as well have a journalist as Finance Minister. What a circus. cdnpoli With zero financial experience
Source: globeandmail - 🏆 5. / 92 Read more »
Chrystia Freeland Named Canada’s New Finance MinisterBill Morneau resigned from the senior cabinet position Monday. And the first without financial background as well...good luck Canada ! Is she qualified? Should read “first totally unqualified” and that has zero to do with gender, age, religion, or ethnic background... just the truth
Source: HuffPostCanada - 🏆 61. / 53 Read more »
New finance minister Chrystia Freeland in difficult spot between fiscal restraint, broader social spendingFreeland takes on the role as the federal government prepares to post a $343B deficit next year, dwarfing any fiscal shortfalls previously seen in Canadian history Poor poor Chrystia...in a difficult spot. Only in Canada can a journalist become a Finance Minister with absolutely zero prior history in finance Because it's 2020 She got all painted up and washed her hair.
Source: nationalpost - 🏆 10. / 80 Read more »
PM shuffles Freeland to finance, plans to soon proroguePrime Minister Justin Trudeau has begun a major summer reset of his government, adding new responsibilities onto two of his most trusted ministers in a mini-shuffle on Tuesday. He is then expected to move to prorogue Parliament and reassess federal priorities with his front bench in the coming weeks, culminating in a new throne speech later this fall. I thought he was going for her breast! He did that before.
Source: CTVNews - 🏆 1. / 99 Read more »
Chrystia Freeland confirmed as finance minister, Liberals will prorogue Parliament until fallProroguing will shut down the House of Commons committees investigating the WE charity scandal She tanked every business venture in her past, but this time... Such an embarrassing and sad day for our country.
Source: nationalpost - 🏆 10. / 80 Read more »