Canada’s associate finance minister says it’s going to be a “turbulent” year for the economy, but Randy Boissonault insists the government still has some spending room for big priorities including a new health-care deal with the provinces. Boissonnault was speaking before the cabinet meets on the second of a three-day cabinet retreat in Hamilton, Ont….
Fiscal Room Tightening as Economy Teeters, Associate Finance Minister Says
Ottawa Underestimating Recession Likelihood, Planned Spending on Policy Goals: Former BoC Governor
The federal government is underestimating the amount of money it will have to spend to achieve its Budget 2022 policy objectives, along with the likelihood of a recession occurring in 2023, says former Bank of Canada (BoC) Governor David Dodge. “The extent of additional spending (or tax credits) required to implement the government’s promises as…
Business Council of Canada Says Nexus Closure ‘Deeply Troubling’ in Letter to US
The Business Council of Canada says it is concerned over the continued closure of the Nexus trusted-traveller program, which allows pre-screened travellers expedited processing when entering the United States and Canada. CEO Goldy Hyder says it is “deeply troubling” that the U.S. government has not reopened 13 Nexus enrolment centres, in a letter to David…
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