Close X
Friday, September 20, 2024
ADVT 
National

Economy Follows Trudeau On Travels To Financial Forum In Switzerland

The Canadian Press, 19 Jan, 2016 11:24 AM
    SAINT ANDREWS, N.B. — Prime Minister Justin Trudeau will trade the snowy hillsides of a seaside New Brunswick town this morning for the snowcapped Alps of Switzerland, with the national and global economy following him across the Atlantic Ocean.
     
    Trudeau left Tuesday for Davos and the World Economic Forum, which brings together the world's most powerful and influential political and business leaders, celebrities and activists.
     
    "We're going to talk about how diversity is a strength and really showcase the fact that Canada has tremendous opportunities and is facing challenges like lots of places, but we have the tools to surpass those challenges in a way that should draw in global interest," he said before leaving a federal cabinet retreat in Saint Andrews, N.B.  
     
    Trudeau will have a chance to give a keynote address on Wednesday, talk about gender parity in his cabinet alongside Melinda Gates and sell his plans for growing the Canadian economy.
     
    Navdeep Bains, minister of innovation, science and economic development, said that Davos — like last month's climate change conference in Paris — is a chance to demonstrate that Canada can show global leadership.
     
    In Paris, Canada signed on with Mission Innovation, a group of 20 countries committed to doubling their support for clean energy development over the next five years and to share the breakthroughs.
     
    "At COP 21 we made a major commitment to Mission Innovation and so that really shows leadership when it comes to clean technology," Bains said.
     
     
    The economic and financial realities of everyday Canadians will still hit Trudeau: the parliamentary budget watchdog delivered an eyebrow-raising report Tuesday about the economic risk posed by high levels of household debt.
     
    On Wednesday,  the Bank of Canada will deliver a much-anticipated interest rate announcement, likely to come just minutes before Trudeau gives his first speech in Davos.
     
    Trudeau and his cabinet ministers were dogged by questions about falling commodity prices and a declining loonie during their three-day retreat in New Brunswick.
     
    Trudeau would only say Monday that his government would put forward a budget that is "the right one for Canadians."
     
    At a community dinner Monday night where 300-plus people crammed into a rec centre to have some spaghetti and hear Trudeau speak, the prime minister touched on why cabinet was meeting outside Ottawa — "to talk about the challenges that we have before us," he said — before trying to give it a positive spin by talking about "tremendous opportunities."
     
    "Canada is an incredible country whose greatest strength we all know are its people," he said.
     
     
     
    "We are hopeful, optimistic, resilient, forward-looking, hard-working, and nowhere is that clearer than right here in New Brunswick and it's such a pleasure to be working with you and to be surrounded by all of you as we map out a plan to create growth for the middle class, to offer a brighter future to Canadians, and to build, once again, an extraordinary country that we can all be proud of as we celebrate into the coming years."

    MORE National ARTICLES

    Crown Prince Of Morocco Really Doesn’t Like His Hand Kissed

    Crown Prince Of Morocco Really Doesn’t Like His Hand Kissed
    In a video that has been widely shared, Prince Moulay Hassan snatches his hand away every time someone tries to kiss it.

    Crown Prince Of Morocco Really Doesn’t Like His Hand Kissed

    B.C. Resident Diagnosed With Zika Virus After Returning From El Salvador

    B.C. Resident Diagnosed With Zika Virus After Returning From El Salvador
    The Public Health Agency of Canada says a B.C. resident who recently travelled to El Salvador has contracted a dengue-like virus transmitted through mosquito bites.

    B.C. Resident Diagnosed With Zika Virus After Returning From El Salvador

    Canada's Economic Growth Hit Hard By Falling Oil Prices: Finance Minister Bill Morneau

    Canada's Economic Growth Hit Hard By Falling Oil Prices: Finance Minister Bill Morneau
    ill Morneau told several hundred people attending a Halifax Chamber of Commerce luncheon that his department's projections on growth since the 2015 budget have fallen due to oil prices that are less than half those of 2014. 

    Canada's Economic Growth Hit Hard By Falling Oil Prices: Finance Minister Bill Morneau

    Homeless Campers At Victoria Courthouse Reject Offer Of Temporary Shelter

    Homeless Campers At Victoria Courthouse Reject Offer Of Temporary Shelter
    VICTORIA — Dozens of homeless people camping at Victoria's Law Courts are vowing to stay despite the B.C. government's offer of alternate shelter.

    Homeless Campers At Victoria Courthouse Reject Offer Of Temporary Shelter

    Trans Mountain Pipeline Project Doesn't Meet B.C.'s 5 Conditions, Says Minister

    B.C. Environment Minister Mary Polak says the company has not provided enough information about its proposed plans to double the pipeline to prevent or respond to oil spills in the ocean or on land.

    Trans Mountain Pipeline Project Doesn't Meet B.C.'s 5 Conditions, Says Minister

    Defence Minister Harjit Sajjan Reaches Out To Syrian Refugees In Wake Of Pepper-Spray Attack

    Defence Minister Harjit Sajjan Reaches Out To Syrian Refugees In Wake Of Pepper-Spray Attack
    In the last 24 hours I was able to visit a mosque, a church and a Sikh gurdwara, all communities who are supporting and welcoming refugees. That's the real Canadian way

    Defence Minister Harjit Sajjan Reaches Out To Syrian Refugees In Wake Of Pepper-Spray Attack