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.

PTX Metals Inc. — sponsored Sponsored · PTX Metals Inc.

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

Red Cloud Fall Mining Showcase 2026 | Day 2

More Gold Without a Bigger Upfront Bill? | Keith Boyle – New Found Gold

The Red Cloud Fall Mining Showcase 2026 | Day 1

Recommended

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Meghan Markle’s Half-Brother Submitted Evidence Against Their Father, But Now Faces Philippine Police Scrutiny

Related News

JPMorgan and World Bank Make Grim Economic Predictions Amid Coronavirus Pandemic

Several economic reports from both JPMorgan and the World Bank have recently been released, providing...

Tuesday, April 14, 2020, 11:12:54 AM

Lyft Lays Off Employees, Reduces Salaries Amid Decreased Demand for Ride-sharing Services

Lyft Inc (NASDAQ: LYFT) has not been faring too well through the coronavirus pandemic. The...

Friday, May 1, 2020, 08:24:26 AM

Rental Car Firms Cancel New Vehicle Orders, Struggle To Store Fleet

Rental car firms have begun cancelling new vehicle orders from manufacturers across the US as...

Saturday, May 9, 2020, 01:39:00 PM

Datametrex Secures Another $450,000 COVID-19 Test Kit Purchase Order

The checks just keep on coming in for Datametrex AI (TSXV: DM). The company announced...

Monday, June 8, 2020, 10:31:48 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