Also: Budget will also provide new defence spending, and aim to spur economic growth through green initiatives and a small-business tax cut
Bringing Ottawa’s deficit back down to size might not carry the same heroic cachet as rapidly expanding it to stare down a pandemic. But the task might be nearly as important for the country’s long-term economic health – and more urgent than some policy makers would like to think. The federal government goes into Thursday’s budget coming off a year in which it planned for a deficit of $145-billion .
on what federal Environment Minister Steven Guilbeault isn’t saying about Ottawa’s plan to slash oil sector emissions:The United Nations Secretary-General did not beat around the bushes in identifying the villains that are holding up efforts to cut greenhouse gases after the UN’s Intergovernmental Panel on Climate Change released its latestidentifying pathways to decarbonation.
“Canada’s federal government talks a big game when it comes to reconciliation – always with a capital “R” for emphasis and importance. But when it comes to moving from words to action, that big game often slows to a snail’s pace. For First Nations in the North Pacific Coast, one historical challenge has been the decline of fisheries that we rely on – owing to Canada’s unsustainable management practices.
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