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.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold Mines

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

Red Cloud Fall Mining Showcase 2026 | Day 2

More Gold Without a Bigger Upfront Bill? | Keith Boyle – New Found Gold

The Red Cloud Fall Mining Showcase 2026 | Day 1

Recommended

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Meghan Markle’s Half-Brother Submitted Evidence Against Their Father, But Now Faces Philippine Police Scrutiny

Related News

Fitch Ratings Anticipating Historic Loan Defaults for April

Since the onset of economic shutdowns across the US, millions of workers have found themselves...

Saturday, April 25, 2020, 12:00:00 PM

California Governor Calls on Congress to Issue Additional $1 Trillion for Local Governments

As if the Democrat’s $3 trillion coronavirus relief bill isn’t enough to make the Republican...

Wednesday, May 20, 2020, 05:31:00 PM

1 in 3 Americans Have Experienced Financial Disruptions Amid Pandemic

Gallup recently released the results of data gathered between April 13 and 19 regarding the...

Wednesday, April 29, 2020, 04:28:00 PM

Commercial Bankruptcy Filings in the US Increase 48% Amid Coronavirus Pandemic

The coronavirus pandemic shocked the US economy, causing mandatory stay-at-home orders and businesses to temporarily...

Tuesday, June 9, 2020, 01:06:00 PM

A Look into the Future? Italy’s Services Sector Grinds to A Halt

Not surprisingly the COVID-19 pandemic hit the Italian services sector during March with the largest...

Friday, April 3, 2020, 09:16:49 PM