Close X
Monday, December 2, 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

Surrey RCMP need help finding 33 year old suspect Jeremy Morgan

Surrey RCMP need help finding 33 year old suspect Jeremy Morgan
33 year old Jeremy Morgan is currently wanted on warrants for robbery, use of an imitation firearm to commit a crime, possession of a loaded restricted firearm, and breach of probation.

Surrey RCMP need help finding 33 year old suspect Jeremy Morgan

Minks test positive for COVID in B.C.

Minks test positive for COVID in B.C.
The provincial Ministry of Agriculture says the samples were gathered after several workers on the farm tested positive for the illness.

Minks test positive for COVID in B.C.

Canada and U.K. ink post-Brexit trade agreement

Canada and U.K. ink post-Brexit trade agreement
The Liberal government has given notice that a bill to implement the deal in Canadian law is coming to the House of Commons imminently.

Canada and U.K. ink post-Brexit trade agreement

Bank of Canada keeps rates on hold at 0.25%

Bank of Canada keeps rates on hold at 0.25%
Since then, the country has clawed back just over four-fifths of those job losses, with growth for the last quarter of 2020 outpacing what the bank expected.

Bank of Canada keeps rates on hold at 0.25%

Health Canada approves COVID-19 vaccine

Health Canada approves COVID-19 vaccine
Dr. Supriya Sharma, the chief medical adviser at Health Canada who oversaw the review process, said it is "a critical milestone in our fight against COVID-19."

Health Canada approves COVID-19 vaccine

B.C. to start vaccination program next week

B.C. to start vaccination program next week
However, Dr. Bonnie Henry and Adrian Dix say the number of new cases and hospitalizations due to serious illness are still high, requiring health orders and restrictions to stay in place.

B.C. to start vaccination program next week