Close X
Friday, November 8, 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

    Deaths In African Terror Attacks Not Affecting Aid, Company Recruitment

    Deaths In African Terror Attacks Not Affecting Aid, Company Recruitment
    Several relief groups and Canadian mining companies say people interested in relocating to the fraught region of the world typically understand and accept the risks involved.

    Deaths In African Terror Attacks Not Affecting Aid, Company Recruitment

    Prosecution Of Vancouver's Stanley Cup Riot Cost Almost $5 Million

    Prosecution Of Vancouver's Stanley Cup Riot Cost Almost $5 Million
     It cost almost $5 million to process hundreds of people through the justice system after the Stanley Cup riot in Vancouver five years ago. 

    Prosecution Of Vancouver's Stanley Cup Riot Cost Almost $5 Million

    Alberta Tells Catholic School Trustees To 'Sort Themselves Out' Over LGBTQ Issue

    Alberta Tells Catholic School Trustees To 'Sort Themselves Out' Over LGBTQ Issue
    David Eggen says the law demands equality for all students, and says board trustees need to do the job they were elected to do.

    Alberta Tells Catholic School Trustees To 'Sort Themselves Out' Over LGBTQ Issue

    Ontario Hospitals Ordered To Freeze Parking Rates And Offer Multi-Day Discounts

    Ontario Hospitals Ordered To Freeze Parking Rates And Offer Multi-Day Discounts
    Ontario hospitals that charge more than $10 a day for parking were ordered Monday to immediately freeze rates, and to start offering multi-day discount passes by Oct. 1.

    Ontario Hospitals Ordered To Freeze Parking Rates And Offer Multi-Day Discounts

    Commons-Senate Committee Begins Work On Doctor-Assisted Death Response

    Commons-Senate Committee Begins Work On Doctor-Assisted Death Response
    The committee is to consult broadly with the public, experts and stakeholders, with the goal of reporting back with suggestions by Feb. 26.

    Commons-Senate Committee Begins Work On Doctor-Assisted Death Response

    Philippe Couillard Says Deaths Of Seven Quebecers Strengthen Resolve In Terrorism Fight

    Philippe Couillard Says Deaths Of Seven Quebecers Strengthen Resolve In Terrorism Fight
    Quebec Premier Philippe Couillard says nothing can explain attacks on people who work to build a better world.

    Philippe Couillard Says Deaths Of Seven Quebecers Strengthen Resolve In Terrorism Fight