Ottawa will unveil a ‘fiscal snapshot’ on Wednesday that will assess the country’s fiscal situation in light of the pandemic that has wrecked economic activity.
Still, the government has introduced, and now extended, a number of programs as the pandemic rages on, that need to be accounted for. The Conservatives wants Ottawa to rein in costs, but the NDP has warned against ending federal assistance prematurely. The Bank of Montreal now expects GDP to contract 6.6 per cent for the year , budget deficit to balloon to $250 billion and debt to GDP ratio to climb to 44 per cent, from 30 per cent previously.
Unlikely! Are you serious? It's a 5 alarm trainwreck.
Is the snapshot a picture of Canada being downgraded to AA
CERB is saving Canadian consumers and tenants and trickles up to save small business and landlords. Paying for CERB must include raising revenue. '..one has to assume.. targeted tax increases..' Canada needs targeted increases for the rich. TaxTheRich
And for the duration of the covid crisis as well as his entire first term the crowns mister of finance continues his Helen Keller impersonation representin the business community. Cufflinks Moreau is not going to get to many invites to A list events anytime soon.
🇨🇦CANADA'S BACK-A-RAMA-DING-DONG!!🇨🇦 Listen Prince Jackwagon has 2 Honorary PhDs, a 1/2 Page Resume, a Haida Tattoo & a Killer 'Serious' Beard Pretty Sure He Knows What He's Doing MagicKingdom PeterPanPM 👀🤡🧦🥔🎈😜❄️
We don’t need a snapshot Canadians deserve a budget. This Goverment is hiding. cdnmedia cdnpoli cdnecon
hundreds of billions of new debt? that we know of good chance T2 and moneybags are hiding the true amount?
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