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 Copper Is Heading To $30 And Silver To $200 | Craig Parry

Mako Mining Q3 Earnings: The Transitional Quarter

B2Gold Q3 Earnings: Goose Troubles Cloud The Narrative

Recommended

Emerita Resources Awards Contract For Pre-Feasibility Study On Iberian Belt West Project

Selkirk Copper Appoints Two Members Of Selkirk First Nation To Leadership Team

Related News

IMF and World Bank Issue Debt Cancellation Program for Developing Countries Amid Global Pandemic

The International Monetary Fund (IMF), alongside World Bank and G20, has made an unprecedented decision...

Thursday, April 16, 2020, 08:27:00 AM

Apple to Reinstate Store Closures as Coronavirus Cases Spike Across the US

As many states across the US began to hastily reopen their economies and lift stay-at-home...

Sunday, June 21, 2020, 07:33:00 PM

Meat Processing Plants Turning to Robot Butchers to Reduce Coronavirus Infection Rates Among Workers

As the coronavirus pandemic continues to sweep across the US with record breaking infection rates,...

Sunday, July 12, 2020, 03:01:00 PM

US Banks Bracing for Period After Loan Deferrals Expire

When first quarter earnings were coming out, many US banks realized the true extent of...

Friday, May 22, 2020, 12:00:00 PM

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