Morneau seen delivering a stimulus-filled budget ahead of the election

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Finance Minister Bill Morneau is expected to make use of unexpectedly strong revenues from the first nine months of the fiscal year as Liberals try to overcome the latest crisis

OTTAWA — With a federal election looming and Prime Minister Justin Trudeau’s government facing its worst political crisis in four years, Canada’s ruling Liberals are expected to table a goody-filled budget later this week in bid to get back on course with voters.

To counter the negative sentiment, Finance Minister Bill Morneau is expected to make use of unexpectedly strong revenues from the first nine months of the fiscal year to table a stimulus-filled federal budget on Tuesday, the last budget ahead of an October election. While the central bank says the changes have improved the quality of new mortgage debt in Canada, they have also contributed to a slowdown, with home sales slumping nationwide to a six-year low in February.

But economists warn that too many perks could inadvertently reheat housing markets, putting ownership further out of reach for millennials and other first-time buyers, especially in expensive cities like Vancouver and Toronto. And while one of the bright spots in Canada’s sluggish economy has been booming employment numbers, companies say they are struggling to fill jobs requiring specialized skills, notably in the technology and healthcare fields.

Source: News Formal (newsformal.com)

 

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Opps they forgot the middle class they were fighting so hard for - short memories when they are trying to bribe voter groups to shore up election support. Are Canadians dumb enough to believe this

Why did it take an upcoming election, that they may lose, for the Liberal party to realize they need a economy stimulating budget? They couldn't be more obvious when it comes to buying votes. Think I'll pass though. It's time for the corrupt, pompous Liberals to depart.

Making the easy decisions while leaving the tough ones for the next government. Liberal Legacy. cdnpoli

New buzz word for Liberals “stimulus filled”. We can’t balance the budget like we promised because the economy is about to do badly. Last year was let’s spend lots of money because we are doing so well. We are about to hit a wall and it will not be nice.

Economy wrecking policies cannot be rectified with debt financed policies. It will only get worse. The aptly named Grecian formula. Swiftie01

Bribing us with our own money. They hope it will make the snc corruption go away.😂😂😂

Yes a vote buying budget. Geecolour me shocked. Now QC,ON,BC and Atlantic Canada will be jumping for joy at being bought off with their own money oh and ya mine. Bill_Morneau.

Don't worry, the budget will balance itself.

“Stimulus” the new euphemism for spending other people’s money to reward friends, supporters, and in some cases questionable alternative health projects abroad.

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