Tag: Trudeau

Trudeau Taps Carney for Help in Crafting Recovery Plan – Bloomberg

Mark Carney, the only person to run two major nations’ central banks, is helping Justin Trudeau craft next steps in a plan to pull Canada out of a deep recession sparked by the coronavirus.
— Read on www.bloomberg.com/news/articles/2020-08-10/trudeau-taps-carney-for-help-in-crafting-covid-19-recovery-plan

Trudeau’s Deficit Swells to 16% of Output on Massive Virus Aid

(Bloomberg) — Justin Trudeau’s government said it will run a budget deficit equivalent to nearly 16% of economic output, a level not seen since World War II, in a race to safeguard Canada from its deepest recession in almost a century.Finance Minister Bill Morneau forecast a C$343 billion ($254 billion
— Read on ca.finance.yahoo.com/news/trudeau-deficit-swells-16-output-181047209.html

Coronavirus in Canada: Justin Trudeau’s Deficit to Hit New Record – Bloomberg

Prime Minister Justin Trudeau’s spending this week is just the start of a multiphase effort to stave off a recession that is expected to drive Canada’s budget deficit past C$100 billion ($69.5 billion) this year.
— Read on www.bloomberg.com/news/articles/2020-03-19/trudeau-s-deficit-set-to-smash-through-hundred-billion-barrier