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

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Silver47 Kicks Off 7,000-Meter Drill Campaign at Nevada’s Hughes Project

CBS News Cuts Staff and Shuts Radio Network in Early Bari Weiss Era

Related News

Explained: Why Thermal Scanners Are Better Than Thermal Imaging

In the 1990’s, scientist Francine J. Prokoski demonstrated that facial thermograms are unique to individuals....

Sunday, May 17, 2020, 09:00:00 AM

Canadian Companies Face Uncertainty: 14% of Small Businesses at Risk of Bankruptcy Due to COVID-19

As many provinces across Canada are well underway in their recovery plans, it appears that...

Wednesday, August 5, 2020, 03:02:28 PM

US Economy Suffers Significant GDP Decline in First Quarter, Unemployment Levels to Continue Soaring

The US Commerce Department has issued a grim statement regarding the current state of the...

Thursday, April 30, 2020, 06:15:00 AM

International Monetary Fund Issues Warning of Possible Repricing of Risk Assets

If the coronavirus infection rates do not subside soon, resulting in a reinstatement of economic...

Friday, June 26, 2020, 07:05:00 PM

April New Vehicle Sales Lowest Since 1990’s

Edmunds, which serves as an online resource for automotive information, recently published data on new...

Sunday, May 3, 2020, 10:04:00 AM