That measure pushed direct spending on the government’s economic bailout package to $52-billion from $27-billion.
Parliamentary budget officer Yves Giroux’s report also predicts that the economy will contract by 5.1 per cent this calendar year, the weakest on record since 1962. Giroux says in his report that extra stimulus measures may be required to ensure the economy hits “lift-off speed,” especially if consumer and business behaviour does not quickly revert back to “normal” fast enough.for the Coronavirus Update newsletter to read the day’s essential coronavirus news, features and explainers written by Globe reporters.
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globepolitics How much of the country are they going to sell to China to pay for it?
globepolitics JMKeynes
globepolitics And the alternative is? .... the entire world is in trouble now financially, maybe it’s time the world learns money isn’t everything
globepolitics When this is over, if the feds had any brains they’d repeal c48 and c69 and tell the Alberta ONG industry to “go for it”.
globepolitics Minus the 30 or so billion that was already being over spent before this crisis. 1/3 not due to the virus!!
globepolitics Wouldn't it have been great to sock away a few $$$ during good times? But hey JT says this is the new economy fiscal Conservatives don't understand. How you feeling today Canadians? cdnpoli COVID19
l_stone globepolitics All parties voted for it
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