Tag: Freeland

Feds, Bank of Canada Agree to More Flexibility in Fighting Inflation

December 15, 2021
Bank of CanadaBusiness & EconomyCanadaeconomic policieseconomyFreelandinflationMacklemWorld
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The renewal of the Bank of Canada’s mandate, stating that policy decisions will now also emphasize “maximum sustainable employment” while noting that this is “not directly measurable,” has brought out skeptics.

Budget 2021’s Big Spend Has Some Goodies for Business but Leaves Debt Worries

April 21, 2021
Budget 2021BusinessCanadaCCP VirusEconomiesFreelandWorld
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The Liberal government’s $101.4 billion new spend on COVID-relief and growth stimulus unveiled in the April 19 federal budget answers many questions posed last fall, but it still raises many concerns about its intent, timing, impact on economic growth, and the risky debt burden.

Budget 2021 Preview: Balancing Pandemic Support, Growth Spending While Keeping Debt Manageable

April 7, 2021
Budget 2021BusinessCanadaCCP VirusCOVID-19EconomiesFreelandWorld
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A key dynamic for the April 19 federal budget—the first in over two years—will be how the government expects to balance economic support, as the pandemic’s third wave intensifies, with the $70 billion to $100 billion it earmarked in stimulus spending last fall.