Deputy Prime Minister Chrystia Freeland participated in an undisclosed session on the financing of Ukraine during her visit to the World Economic Forum (WEF) meeting in Davos earlier this year, an official document shows. The information was revealed in an Inquiry of Ministry tabled by the government on March 29 in response to an order…
Conservatives Plan to Vote Against Federal Budget, While NDP Will Support It
Conservative Leader Pierre Poilievre said his party won’t be voting for the newly tabled federal budget, while NDP Leader Jagmeet Singh said his party will vote in favour of the commitments in the budget he “forced this government to deliver.” “Today’s budget by the costly coalition of the NDP-Liberals is a full-frontal attack on the…
‘Narrowly Focused and Fiscally Responsible’: Finance Minister Freeland Outlines Priorities for 2023 Budget
March 20, 2023
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Finance Minister Chrystia Freeland said the federal government plans to make “two significant and necessary investments” in the next budget, namely in health care and in building a green economy, while promising to be “narrowly focused and fiscally responsible” to fight inflation. “The truth is, we can’t fully compensate every single Canadian for all of the effects…
Finance Committee Urges Freeland to Raise Taxes in New Budget
The House of Commons Standing Committee on Finance is urging Finance Minister Chrystia Freeland to introduce tax hikes in the federal government’s upcoming budget, which will be tabled near the end of March. Some witnesses who testified before the committee called on the government to “address growing income inequality,” according to a committee report presented to the House on…
Canada’s Financial Institutions ‘Stable And Resilient’ in Face of SVB Collapse, Says Freeland
In the wake of the collapse of California-based Silicon Valley Bank (SVB), Finance Minister Chrystia Freeland says Canada’s financial institutions are “stable and resilient.” Freeland made the comments in an official statement four days after U.S. regulators closed SVB following a bank run, during which depositors concerned about the bank’s solvency withdrew a total of billions of dollars…
Poilievre Calls for Spending Cap, Tax Cuts in Coming Federal Budget
The coming federal budget should lower taxes, cap spending and make it easier to build new houses, Conservative Leader Pierre Poilievre said Sunday as he pinned blame for current economic woes on the Liberals. Poilievre spelled out his party’s budget priorities in advance of the government’s latest fiscal blueprint, to be presented to Parliament on…
‘Not Out of the Woods Yet’: Freeland Warns of Economic ‘Bumps’ Ahead
Despite getting through the worst of the pandemic, Deputy Prime Minister Chrystia Freeland says Canadians are “not out of the woods yet” and should brace for a number of economic “bumps” ahead due to high inflation and interest rates. Speaking to reporters in Mississauga, Ont., on March 8, Freeland addressed the Bank of Canada’s pause…
Toronto Mayor’s Resignation ‘the Right Thing to Do,’ Says Freeland
Deputy Prime Minister and Finance Minister Chrystia Freeland says it was right for Toronto Mayor John Tory to resign after admitting to an affair with a staff member. Tory announced his resignation on Friday, though he has yet to make it official by submitting a resignation letter. “Like very many Torontonians, I was very surprised,…
Freeland Meets With Provincial, Territorial Finance Ministers in Toronto
Deputy Prime Minister and Finance Minister Chrystia Freeland is hosting an in-person meeting Friday with the provincial and territorial finance ministers in Toronto to discuss issues including the current economic environment and the transition to a clean economy. The meeting will focus on the economic situation both domestically and globally, according to a federal source…
Canada’s Signing on to WEF Agile Nations Charter Marks ‘Radical Policy Shift,’ Says Tory MP
Conservative MP Leslyn Lewis commented on Jan. 28 on the information she helped surface about Canada’s involvement in a World Economic Forum (WEF) project seeking to streamline federal regulations, saying it represents a “radical policy shift” from the current governance model. “First of all, how did Canada become a member state and who recognize this…
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