Coronavirus: Liberals to release economic ‘snapshot’ for Canada on July 8

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The federal government had planned to table its 2020 budget in March, but postponed its release as it responded to the outbreak of COVID-19 in Canada.

Coronavirus outbreak: Government will not be raising taxes following COVID-19 bailouts: Morneau

Since then, Ottawa has spent billions of dollars on mitigation efforts during the crisis, including on direct emergency aid programs for those financially hit by the outbreak.Story continues below advertisement Over the last couple of months, reporters have asked the prime minister a number of times when the government plans to table its 2020 budget or release a status update on the country’s finances. As recently as last week, Trudeau deflected the question yet again, citing the uncertainty the pandemic posed and that any predictions would be “unreliable.”Opposition parties have also been pressuring government to release an economic update to put the country’s spending into perspective.

 

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