Fiscal room tightening as economy teeters, associate finance minister says

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 99%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Canada's associate finance minister says it's going to be a 'turbulent' year for the economy, but Randy Boissonault insists the government still has some spending room for big priorities including a new health-care deal with the provinces.

Canada's associate finance minister says it's going to be a "turbulent" year for the economy, but Randy Boissonault insists the government still has some spending room for big priorities including a new health-care deal with the provinces.

On Monday, a joint report from the Business Council of Canada and Bennett Jones warned that the fiscal forecast laid out in the last federal budget and the fall economic statement was likely too rosy. Boissonnault said that report is one of many the government will look to as it makes its economic forecast ahead of the next budget. He said he thinks the fiscal reality will fall somewhere between the best- and worst-case scenarios laid out in the fall economic statement.

Ottawa is insisting on accountability for any new health funding and Trudeau has not publicly committed to meet the premiers' demands. The cabinet meeting in Hamilton comes as it prepares for the return of Parliament next week. The industrial city, known predominantly as a steel town, is also one of the most competitive politically, particularly between the Liberals the NDP. The Liberals won three of the four seats in Hamilton proper in 2021, edging out the NDP in one seat that party had held since 2006.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Tax banks to loosen the grip

Scammers

So ugly

Fiscal room? Does that mean liberal MPs will give less money to their friends and family?

You guys still boosting/promoting this horrible leader. Shows what money can buy

Trudeau is finished

Hate criminal spewing hate speech

🤮

Imagine if you will, a country that was had been begged to sell it's L&G to others that needed it...but couldn't find a business case. 🤔

Is anyone else feeling like our leaders in this country are not qualified & have no idea how to avoid a financial crisis ? Everything so far turns out to be much worse than they expected. What does a school teacher & a journalist know about running a country anyway? worried

And increased taxes 🤡S

Trudeau and Freeland are destroying Canada.. they have to go..

Why would it get better, he hasn't stopped spending money we don't have, he's throwing Canada's money around like a drunken sailor on shore leave with no end in site, even giving 2 billion+ to a company that doesn't exist. Welcome to the New Socialist Republic of Canada

They'll soon need to lay off the assistant who rolls his sleeves up for EVERY public appearance. 😛

is it just me or is it nippy in here?

It must be serious if they dragged out the Associate Minister. Where’s the PM? THIS GOVERNMENT IS HORRIBLE

Just tiny deficits.

So that's a signal to send more money to the Ukraine right?

they are still over spending, the economy will not improve. only way interest rate hikes work is if the government doesn't keep over spending. At this point I would say they want to crash it....

We have heard this before, and look at our debt. See what happens when you have a failed drama teacher and a failed journalist at the helm.

🤣🤣🤣

Healthcare and education hogging all the money and not producing. Hard work is a bad word in Canada too many at the trough sucking the coffers dry.

Cabinet was also given a sharp reminder of the loud opposition they face among a group known as the 'freedom convoy.' A small protest greeted Trudeau Monday afternoon as he arrived. Lets pretend that all Canadians are admirers of trudeau, except maybe a small fringe group

Stop spending money!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines