Canada’s Economic Update
Sat, Dec 5, 2020
Canadians got a snapshot of the country’s finances in the Fall Economic Update, and it comes splashed in red ink.
The COVID pandemic and its effects are the target in Minister Freeland’s update. Government revenues are down as the feds get set for another round of spending to navigate through the second wave, piling Canada’s deficit to almost 400 billion dollars.
Listen Up
- Ian Lee
Professor at Carleton University Sprott School of Business
https://sprott.carleton.ca/profile/ian-lee/ - David MacDonald
Senior Economist at Canadian Centre for Policy Alternatives
https://www.policyalternatives.ca/offices/national/staff
Dig Deeper
Supporting Canadians and Fighting COVID-19
December 5, 2020
Government of Canada
Canadian Federal Fall Economic Statement 2020
November 30, 2020
Scotiabank
Ottawa beefs up loans for hard-hit sectors, but big airlines not included for now
November 30, 2020
CTV News
Monday’s fall economic statement will try to bridge current and future needs
November 27, 2020
iPolitics
Fall Economic Update: Let the Questions Begin
December 1, 2020
Policy Magazine
Household savings in Canada skyrocket during pandemic as Ottawa doles out billions in emergency benefits
November 18, 2020
Financial Post
Letters Related to 'Cdnpoli'
December 5, 2020
Unpublished Ottawa
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