PM says budget update won't have fiscal anchor, suggests one coming after crisis over

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Prime Minister Justin Trudeau says the government's promised update on the health of its finances won't have a specific anchor to keep spending from spiraling out of control.

He says officials are working on a robust update that will provide some guidelines for spending to help the economy.

Speaking to the Canadian Chamber of Commerce today, the prime minister says it would be premature to lock in a spending anchor while the country is still dealing with the pandemic.He is defending the unprecedented scale of federal aid, saying doing anything less would have ended up costing the country far more in terms of lost businesses and jobs.

Trudeau used his morning address to announce that businesses that use a personal banking account could finally apply for a popular federal loan program. He added that legislation would be soon tabled in the House of Commons to create more direct rent relief to companies, as well as an extension to the wage subsidy program.

 

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“balance itself”

Hey bud, give me the reigns for a year or two and I’ll have this country Covid free, crate jobs safely and turn us towards being 100% self sufficient

Our financial wizard ... 😂!! Please go back to teaching kids how to act like trees.

Pathetic neglect of duty. Fired Finance Minister during pandemic and biggest financial crisis of our time to promote a journalist to the job.And still they can’t do their job and produce a budget. Too bad they couldn’t get some work done when they prorogued parliament for a month

A fiscal accounting not until the pandemic crisis is over Wow! Debt should be about $2 Trillion by then.

Yes, 2-3 years without a budget. Completely satisfactory.

Which he will make sure is never

so that means never, this crisis wont go away until atleast 2023 :).....

JT you are a crisis in itself......god help Canada CBCNews CBCPolitics

Hey Justin, your ignorance has doomed us all.

Time for Brenda Lucki to 💩 or get off the pot . Trudeau’s intentions are purely traitorous .

He needs to learn 3

This nation is doomed. Self balancing budget? Hahahaha!!

CTV, how about doing your jobs, that are paid for by the Canadian taxpayer? Stop the drivel stop the coverups instead of standing at the trough with your hands out. What are your plans after Trudeau bankrupts this country? What are you going to say? We need to learn from this?

So this pandemic seems to have worked out quite well for Baron von Novelty Socks and his little dictatorship...wouldn't you say?

No budget with real numbers since 2019? What kind of functional country does that?

Just In: No Ph. D. TrudeauWorstPMEverPM piling it higher and deeper; debt, deficit, taxes, incompetence and smoking in front of TrudeauCorruptionPM mirrors.

Deccopainting guess no budget ever. What could go wrong FireTrudeau

A socialist with free reign over a country's economy and zero accountability, what could possibly go wrong? JustinTrudeau

No fiscal anchor. We just need any old anchor to deep six this moron from our midst.

And how does one define when the crisis is over?

Then it's not really a budget, then, is it.

Trudeau is our Trump!!!

Unacceptable.

As with anything Trudeau says its word salad, garbage BS but when it comes to budgets its especially puke worthy.

“The budget will balance itself” 🤦🏻‍♀️

Stop stealing our money and children's future. TrudeauCorruption

Money? What money? Trees grow money don't ya know!

Not good enough.

How is this satisfactory at all. the government hasn't produced a budget in over 500 days, and they don't disclose anything in their updates. This is in contempt of the Canadian people and parliment. No oversight on spending to their buddies.

And he keeps spewing

Drunken sailor never wants his weekend to end.

rachaiello 'Suggests one coming'. That is satisfactory to media? You are all regurgitating this instead of demanding more? Why?

And the budget will balance itself.

Which crisis. Covid or liberal government?

rachaiello Yes let's see how the US election turns out. Many ppl are feeling scared about the outcome.

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