Finance Minister Chrystia Freeland will release the Liberal government’s fall economic statement on Dec. 16, the Minister announced Monday
Deputy Prime Minister and Minister of Finance Chrystia Freeland, left, and Prime Minister Justin Trudeau prepare to release the 2023 Fall Economic Statement on Parliament Hill in Ottawa, on Nov. 21, 2023.David Williams is vice-president of policy at the Business Council of British Columbia . Jock Finlayson is chief economist at the Independent Contractors and Businesses Association.
What should the federal government prioritize? To answer that question, Ottawa must go back to the basics. In preparing its fall economic statement, the federal government should ask itself this question: What is Canada’s top economic priority? Is it growing or sharing the economic pie? Adjusted for population, Canada’s economy is the same size today as in 2014. Meanwhile, per-person government spending has grown by 9 per cent since then, three times the rate of per-person household spending. Again, using per-person figures, exports have shrunk by 3 per cent, and capital investment in businesses and residential structures have collapsed by 24 and 16 per cent, respectively.
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former finance minister wonders if Canada should institute emissions cap after Trump victoryFollowing the re-election of former U.S. president Donald Trump, former finance minister Bill Morneau says the Canadian government should re-evaluate the timing of some cornerstone Liberal policies.
Read more »
B.C.'s new finance minister looking to balance competing demandsIncoming B.C. Finance Minister Brenda Bailey is facing competing advice in the face of 'challenging' economic times ahead.
Read more »
Finance minister says government's fiscal update coming Dec. 16OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.
Read more »
Finance minister says government's fiscal update coming Dec. 16OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.
Read more »
Finance minister says government's fiscal update coming Dec. 16OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.
Read more »
Finance minister says government's fiscal update coming Dec. 16OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.
Read more »