Thursday, October 29, 2020

FREELAND DEFENDS LIBERAL SPENDING POLICY

   John Ivison: Finance Minister Chrystia Freeland, in her virtual speech to the Toronto Global Economic Forum, said the expansive approach to fighting the pandemic “will not be infinite,” which is a relief.

The government will impose limits upon itself, “rather than waiting for the more brutal external restraints of international capital markets.”

But her boss Justin Trudeau has already revealed there will be no fiscal anchor in the fall update – a sentiment she echoed.

Freeland argued against “premature fiscal tightening.”

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