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

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Japan Gold Intersects Gold Mineralization Drilling At Mizobe, Encounters Banded Chalcedony Vein

Antimony Resources Drills 5.10% Sb Over 4.0 Metres At Bald Hill

Related News

Record Day for the Dow, Surges 11.4% as $2 Trillion Dollar Stimulus Package Looms

The markets rejoiced today as the Dow Jones Industrial Average increased nearly 11.4%, the most...

Tuesday, March 24, 2020, 06:08:19 PM

JPMorgan Retracts Previous Optimism for US Stocks in Wake of Changing Coronavirus Reality

Despite JPMorgan issuing a relatively optimistic outlook earlier regarding the current and near future state...

Sunday, July 12, 2020, 08:52:00 PM

Biotech Boom Playbook, Part Two: The Structure

The degree to which a compelling biotech story is able to create lift in the...

Tuesday, May 26, 2020, 04:16:08 PM

Datametrex Acquires Rights To Sell COVID-19 Home Test Kit

Datametrex AI (TSXV: DM) this morning had significant news in that it has secured the...

Tuesday, June 16, 2020, 08:15:19 AM

America’s Second Largest Shale Producer Chesapeake Energy Files for Bankruptcy Amid Oil Market Slump

As the demand for crude oil continues to remain low and inventories pile up amid...

Tuesday, June 30, 2020, 01:34:00 PM