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

Canada Should Be as Rich as Saudi Arabia. But It’s Not! | Michael Gentile

Artemis Gold Q3 Earnings: Growth Already In Focus

IAMGOLD Q3 Earnings: Market Responds With MASSIVE Price Lift

Recommended

Kalshi Faces Class Action Lawsuit Over Alleged Illegal Sports Betting

Silver47 Hits 606 g/t Over 9.7 Metres Silver Equivalent In Final Assays From 2025 Drill Program At Red Mountain

Related News

Revive Files Clinical Trial Application With Health Canada, Releases Phase 3 FDA Study Design For Potential Treatment Of COVID-19

Revive Therapeutics (CSE: RVV) continues to advance its clinical trial efforts. The company announced this...

Wednesday, June 3, 2020, 11:30:38 AM

US Coronavirus Cases Continue to Soar Following July Fourth Holiday Weekend

Although the US has been adamantly reopening its economy and lifting restrictions across many states,...

Thursday, July 9, 2020, 05:33:00 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

Tyson Foods Issues Grim Statement Regarding Food Supply Chain Disruptions amid Pandemic

Tyson Foods, which is one of the biggest meat processing companies in the US, recently...

Wednesday, April 29, 2020, 08:00:00 PM

Car Dealerships are Scrambling to Entice Buyers as Sales Plummet to a Decade Low

The coronavirus outbreak has been causing rampant havoc across the globe; the rapidly exponential spread...

Friday, April 3, 2020, 12:23:10 PM