National Newswatch

Justin Trudeau will deal with the economy later. For now, he just wants to make sure you have a paycheque

Mar 29 2020 — Heather Scoffield — Federal authorities have identified their economic arch-enemy in this crisis, and it is bankruptcy. Both the federal government and the Bank of Canada showered small businesses with money and measures on Friday — tens of billions in subsidies, credit and deferred taxes, plus many billions more to help the financial system function well enough to […]

Many worry the national economy is about to fall off a cliff. Bill Morneau thinks he knows how to keep the panic at bay

Mar 21 2020 — Heather Scoffield — Finance Minister Bill Morneau is up to his eyeballs, dishing out billions of dollars, figuring out how to finance billions more, under the scrutiny of the entire country wondering whether the national economy is about to fall off a cliff. And his sister in Switzerland has just been diagnosed with coronavirus. Nevertheless, he says he […]

The coronavirus crisis is deepening. Bill Morneau needs to up his game

Mar 10 2020 — Heather Scoffield — One of the world’s leading economists offered some succinct advice for governments dealing with the chaos and panic that accompanied Monday’s market meltdown. Olivier Blanchard, the former chief economist of the International Monetary Fund, took to Twitter during the carnage and called for two “vital sets of measures” — one to deal with the COVID-19 […]

Teck crisis averted on Frontier project, but federal climate plan is not coming fast enough for investors or environmentalists

Feb 24 2020 — Heather Scoffield — The federal Liberals can breathe a little bit easier now — but only for about five minutes. The Teck crisis has been averted, with the company standing down Sunday on its plans to develop a massive oilsands mine in Alberta that the federal government had to approve or disallow this week. And the shortages of […]

If politicians can’t make the Wet’suwet’en crisis better, the least they can do is not make things worse

Feb 21 2020 — Heather Scoffield — It’s now 15 days into the Coastal GasLink showdown, and propane in rural Ontario and Quebec is running desperately low. Layoffs in rail transportation and manufacturing are in the air. Spontaneous protests are popping up unpredictably across the country. Even if the federal Liberals don’t want to impose a deadline in resolving the Wet’suwet’en conflict […]