Jun 1 2020 — Jordan Press, The Canadian Press — OTTAWA — The federal government is rushing out $2.2 billion in anticipated infrastructure funding to Canada's cities that municipal leaders say might help with a short-term cash crunch, but does little to fill the budget hole COVID-19 has created. Normally, funding through the federal gas-tax fund is split between a summer payment and a second instalment later in […]
Jun 1 2020 — Jordan Press, The Canadian Press — OTTAWA — The federal government is rushing out $2.2 billion in anticipated infrastructure funding to Canada's cities that municipal leaders say might help with a short-term cash crunch, but does little to fill the budget hole COVID-19 has created. Normally, funding through the federal gas-tax fund is split between a summer payment and a second instalment later in […]
Jun 1 2020 — Jordan Press, The Canadian Press — OTTAWA — The federal government is rushing out $2.2 billion in anticipated infrastructure funding to Canada's cities that municipal leaders say might help with a short-term cash crunch, but does little to fill the budget hole COVID-19 has created. Normally, funding through the federal gas-tax fund is split between a summer payment and a second instalment later in […]
May 30 2020 — Jordan Press, The Canadian Press — OTTAWA — The head of Canada's federal housing agency wrote a one-word email in November to sum up the time it took to figure out just which newly shuffled cabinet minister was responsible for the agency, which oversees billions in affordable housing spending and mortgage underwriting. "Madness." The whirlwind journey is laid out in emails obtained by The […]
May 30 2020 — Jordan Press, The Canadian Press — OTTAWA — The head of Canada's federal housing agency wrote a one-word email in November to sum up the time it took to figure out just which newly shuffled cabinet minister was responsible for the agency, which oversees billions in affordable housing spending and mortgage underwriting. "Madness." The whirlwind journey is laid out in emails obtained by The […]
May 30 2020 — Jordan Press, The Canadian Press — OTTAWA — The head of Canada's federal housing agency wrote a one-word email in November to sum up the time it took to figure out just which newly shuffled cabinet minister was responsible for the agency, which oversees billions in affordable housing spending and mortgage underwriting. "Madness." The whirlwind journey is laid out in emails obtained by The […]
May 29 2020 — Jordan Press, The Canadian Press — OTTAWA — Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday, warning an even steeper drop may be coming. Gross domestic product fell at an annualized rate of 8.2 per cent in the first quarter, including a 7.2-per-cent drop in March as […]
May 29 2020 — Jordan Press, The Canadian Press — OTTAWA — Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday, warning an even steeper drop may be coming. Gross domestic product fell at an annualized rate of 8.2 per cent in the first quarter, including a 7.2-per-cent drop in March as […]
May 29 2020 — Jordan Press, The Canadian Press — OTTAWA — Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020 owing to COVID-19, Statistics Canada said Friday, warning an even steeper drop may be coming. Gross domestic product fell at an annualized rate of 8.2 per cent in the first quarter, including a 7.2-per-cent drop in March as […]
May 27 2020 — Jordan Press, The Canadian Press — OTTAWA — The federal government is in talks with business and labour groups to figure out the future of billions in emergency aid, Prime Minister Justin Trudeau said one day after a warning that current spending was sustainable for only so long. Emergency federal aid to date is approaching $152 billion in direct spending, which has pushed […]
May 27 2020 — Jordan Press, The Canadian Press — OTTAWA — The federal government is in talks with business and labour groups to figure out the future of billions in emergency aid, Prime Minister Justin Trudeau said one day after a warning that current spending was sustainable for only so long. Emergency federal aid to date is approaching $152 billion in direct spending, which has pushed […]
May 27 2020 — Jordan Press, The Canadian Press — OTTAWA — The federal government is in talks with business and labour groups to figure out the future of billions in emergency aid, Prime Minister Justin Trudeau said one day after a warning that current spending was sustainable for only so long. Emergency federal aid to date is approaching $152 billion in direct spending, which has pushed […]
May 26 2020 — Jordan Press, The Canadian Press — OTTAWA — Parliament's spending watchdog says the estimated deficit for the year has likely risen to about $260 billion, leaving the government with little fiscal firepower to stimulate an economic rebound. Budget officer Yves Giroux previously estimated the federal deficit at $252.1 billion this fiscal year on account of a sharp increase in spending on […]
May 26 2020 — Jordan Press, The Canadian Press — OTTAWA — Parliament's spending watchdog says the estimated deficit for the year has likely risen to about $260 billion, leaving the government with little fiscal firepower to stimulate an economic rebound. Budget officer Yves Giroux previously estimated the federal deficit at $252.1 billion this fiscal year on account of a sharp increase in spending on […]
May 26 2020 — Jordan Press, The Canadian Press — OTTAWA — Parliament's spending watchdog says the estimated deficit for the year has likely risen to about $260 billion, leaving the government with little fiscal firepower to stimulate an economic rebound. Budget officer Yves Giroux previously estimated the federal deficit at $252.1 billion this fiscal year on account of a sharp increase in spending on […]