TORONTO – Canadians divided over public spending: what should the federal government focus on in the coming years? On a balanced budget or on aid for families and the economy? The Angus Reid Institute has tried to answer these questions with a survey, starting from a fact: after unprecedented spending during the pandemic, Canada has entered a phase of general crisis that borders on recession, with families in difficulty due to the rising cost of living, so much so that the federal government no longer foresees – as in the past – a balanced budget by 2028, but a deficit of 14 billion dollars in that same year. (more…)
TORONTO – Canada must increase its military spending until it reaches its NATO agreement quota. This was requested today by the Conservative Party, on the eve of the presentation of the federal budget scheduled for tomorrow at the House of Commons. Kerry-Lynne Findlay, conservative shadow Defence minister, said: “It is time for Canada to contribute its fair share to NATO. As a founding member of the Atlantic Alliance, the peace and security that Canadians have enjoyed over the past 73 years have been underpinned by the collective security promise that any attack on a NATO country would be an attack on everyone.”
TORONTO – The countdown to next June’s vote has already begun. To kick off the unofficial election campaign was today the Speech from the Throne held in Queen’s Park by Deputy Governor Elizabeth Dowdeswell, with which the executive led by Doug Ford has drawn up an overall assessment of the fight against Covid-19 in the last 18 months and, at the same time, has illustrated the priorities for the province in these last eight months of legislature before the appointment at the polls. (more…)
TORONTO – Defeating Covid-19, getting out of the recession caused by the pandemic and reviving the country, with the aim of making it more prosperous and innovative. These are the three challenges to which the 2021 Budget must respond, according to what was indicated yesterday by Finance Minister Chrystia Freeland, who presented her first manoeuvre in the House of Commons since taking over the reins of the dicastery after the resignation of Bill Morneau. (more…)