Trudeau To Give Finance Minister Morneau Free Reign to Tax and Spend

This evening, Global News broke the news the Trudeau Government is introducing a bill granting them full powers to spend, borrow and tax without having to get the approval of the opposition MPs.

Global News claims to have viewed a copy of the legislation to be tabled on Tuesday when a small number of MPs from all parties return to Ottawa to pass a multibillion-dollar coronavirus support package.

It appears as though Canada is not about to watch the US Federal Reserve and Government have a party and not match it.

More to come. Lots more to come.


Information for this briefing was found via the Global News. Not a recommendation to buy or sell any securities. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Canada Should Be as Rich as Saudi Arabia. But It’s Not! | Michael Gentile

Artemis Gold Q3 Earnings: Growth Already In Focus

IAMGOLD Q3 Earnings: Market Responds With MASSIVE Price Lift

Recommended

Kalshi Faces Class Action Lawsuit Over Alleged Illegal Sports Betting

Silver47 Hits 606 g/t Over 9.7 Metres Silver Equivalent In Final Assays From 2025 Drill Program At Red Mountain

Related News

Event Horizon: Bond ETFs on the Edge of the COVID Credit Crunch

Y’all want to see a chart? This one looks like a chart of the output...

Friday, March 27, 2020, 08:34:56 AM

CFIB: Canadian Small Business Owners In Dire Need Of Government Financial Support

The Canadian Federation of Independent Business (CFIB) has released the results of a recent survey...

Thursday, May 21, 2020, 08:02:00 PM

A Look into the Future? Italy’s Services Sector Grinds to A Halt

Not surprisingly the COVID-19 pandemic hit the Italian services sector during March with the largest...

Friday, April 3, 2020, 09:16:49 PM

Canada’s Economy Could Lose Up To 500,000 Jobs As A Result Of Travel Restrictions

Since the onset of the pandemic, Canada has kept is borders shut to international tourists...

Saturday, October 24, 2020, 11:41:00 AM

House Democrats Propose Second $3 Trillion Coronavirus Relief Bill

As a response to the ongoing coronavirus pandemic, the Democrats have unveiled a second coronavirus...

Saturday, May 16, 2020, 05:45:00 PM