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

The $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

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

Steadright Closes Out Financing, Raising $1.6 Million For Moroccan Strategy

Related News

How Long Can The Stock Market Ignore The Economy?

Naturally, as long as it wants. Despite constant assertions to the contrary, the stock market...

Monday, April 20, 2020, 08:20:16 AM

Continued Pandemic Uncertainty Causes Bank of America to Defer $7.7 Billion in Commercial Loans

In response to a struggling economy amid the coronavirus pandemic, the Bank of America has...

Saturday, August 1, 2020, 11:17:00 AM

Where’s The Beef? Meat Processors Hammered By Coronavirus

It appears that the forewarning offered previously by the United Nations in regards to food...

Wednesday, April 15, 2020, 02:35:37 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

US Economists Call on Policymakers to Extend Cash Payments

As millions of Americans found themselves without a job following the onset of the coronavirus...

Wednesday, July 8, 2020, 04:39:00 PM