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Trudeau budget sees deficits of C$354b in 2020-21, C$155b 21-22
*TRUDEAU BUDGET SEES DEFICITS OF C$354B IN 2020-21, C$155B 21-22
— zerohedge (@zerohedge) April 19, 2021
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STARTING IN 2022, CANADA'S BUDGET INTRODUCES A 3% DIGITAL SERVICES LEVY; EFFECTIVE IN JANUARY, A 1% TAX ON EMPTY LAND HELD BY NON-RESIDENT, NON-CANADIANS WOULD BE IMPOSED.
— Breaking Market News (@financialjuice) April 19, 2021
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CANADA BUDGET: FROM $1.08 TRILLION IN 2020/21 TO $1.23 TRILLION IN 2022/23, THE FEDERAL DEBT IS EXPECTED TO INCREASE TO $1.41 TRILLION IN 2025/26.
— Breaking Market News (@financialjuice) April 19, 2021
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Budget 2021: A Recovery Plan for Jobs, Growth, and Resilience
After thirteen months of uncertainty and hardship, Canadians continue to battle COVID-19, with determination and grit. We are all tired, frustrated, and sometimes even afraid. Yet, it’s our responsibility to finish this fight – and to ensure that nothing like it ever threatens our country in this way again. That is our job. It’s also our job to tackle the work of recovery, to create the conditions for new employment and new growth, now and in the years ahead. This budget is about finishing the fight against COVID. It’s about healing the economic wounds left by the COVID recession. And it’s about creating ... (full story)
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CANADA BUDGET: AT AN EXPENSE OF $12.1 BILLION, THE GOVERNMENT WILL EXPAND PAY AND RENT SUBSIDY MEASURES UNTIL SEPTEMBER 25, 2021, AND INTRODUCES A NEW 6-MONTH $595 MILLION REHABILITATION RECRUITING SCHEME.
— North Africa Trading (@Forexmkts) April 19, 2021