Close X
Saturday, November 30, 2024
ADVT 
National

PM to Freeland: Spend as needed until crisis ends

Darpan News Desk The Canadian Press, 15 Jan, 2021 07:37 PM
  • PM to Freeland: Spend as needed until crisis ends

Prime Minister Justin Trudeau is putting a caveat on orders to his finance minister to spend as needed until the end of the economic crisis caused by COVID-19.

In a mandate letter to Finance Minister Chrystia Freeland, Trudeau says she should use "whatever fiscal firepower" is needed over the coming weeks and months until the economy improves.

But in doing so, Trudeau writes, Freeland must "avoid creating new permanent spending."

He adds that any plan to regrow the economy must be guided by a budgetary goal to make sure spending doesn't go adrift.

The detail is contained in updated mandate letters the Prime Minister's Office made public today, months after it reset the parliamentary agenda with a late-September throne speech.

In the letters, Trudeau notes the new marching orders add to those laid out to ministers shortly after the Liberals won a minority mandate in the 2019 federal election.

MORE National ARTICLES

Canada inks deal with U.S. for near-moon mission

Canada inks deal with U.S. for near-moon mission
The government last week committed $22.8 million toward development of the new Canadarm3 by MDA Canada.

Canada inks deal with U.S. for near-moon mission

Vaccine rollout continues across Canada

Vaccine rollout continues across Canada
Front-line health-care workers and staff and residents of long-term care homes are up first for vaccinations across much of the country.

Vaccine rollout continues across Canada

PBO: Wage subsidy to cost more this year

PBO: Wage subsidy to cost more this year
The Liberals estimated last month the program would cost $83.5 billion this fiscal year when taking into account take-up through the summer and its extension since the fall.

PBO: Wage subsidy to cost more this year

Front-line workers are Canada's Newsmaker of Year

Front-line workers are Canada's Newsmaker of Year
In a landslide vote, front-line workers have been named the 2020 Newsmaker of the Year in a survey of news editors across the country by The Canadian Press.

Front-line workers are Canada's Newsmaker of Year

Fashion mogul Peter Nygard arrested in Canada on sex charges

Fashion mogul Peter Nygard arrested in Canada on sex charges
The 79-year-old Nygard awaited an appearance in a Winnipeg courtroom after his Monday arrest by Canadian authorities at the request of the United States.

Fashion mogul Peter Nygard arrested in Canada on sex charges

First COVID-19 vaccination given in British Columbia

First COVID-19 vaccination given in British Columbia
Health-care workers in long-term care facilities and intensive care units are the first to get vaccinated in British Columbia.

First COVID-19 vaccination given in British Columbia