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

This Gold Story Starts With Cash Flow | Gordon Robb – ESGold

Silverco Cusi Mine PEA: Bigger Isn’t Always Better

Fixing Heart Disease Tied to Sudden Death in Young People | David Elsley – Cardiol Therapeutics

Recommended

Cambria Gold To Spin Out Mt. Margaret Copper-Gold Project Into US-Focused Entity

Two Vessels Attacked Near Strait of Hormuz Within Hours as IRGC Escalates Maritime Campaign

Related News

Oil Prices Plunge to 5-Month Low as New Lockdown Restrictions Crush Demand

As coronavirus cases rise rapidly around the globe, fears of the second, much more severe...

Thursday, October 29, 2020, 01:09:00 PM

US Posts Another 6M Jobless Claims Week

This morning the Department of Labour announced another 6.6M Americans have filed for jobless claims...

Thursday, April 9, 2020, 09:53:01 AM

European Car Sales Drop to Record Low, Manufacturers to Gradually Resume Operations

Given the widespread lockdowns and rising unemployment levels around the world, consumers are opting to...

Sunday, April 19, 2020, 12:00:00 PM

Mexico Lockdown Decreases Worlds Silver Production 23%

Like many other precious metals, the production of silver has now been significantly impacted by...

Thursday, April 2, 2020, 09:45:28 PM

‘Defensive’ ETF Inflows Soar as Wall Street’s Worried Economic Outlook Intensifies

The resurgence of Covid-19 cases across the US, coupled with the rising threat of inflationary...

Wednesday, August 18, 2021, 10:37:00 AM