The new federal budget tabled in the House of Commons is 430 pages long and as an omnibus bill, amends or introduces 51 Acts of Parliament, which has MPs complaining it will take a lot of time and work to unpack and debate the contents. “I’m am not sure I am really clear how we…
MPs Complain Liberals’ 430-Page Omnibus Bill Will Take Many Hours to Review
Interest Rates May Need to Remain High ‘For Longer’ to Tame Inflation: Bank of Canada Governor
April 18, 2023
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Bank of Canada (BoC) Governor Tiff Macklem says interest rates may need to stay higher “for longer” in order to return inflation to its 2 percent target. “When the [BoC’s] governing council met last week, we discussed whether we’ve raised rates enough, and we considered the likelihood that the policy rate may need to remain…
MPs on Finance Committee Ready for Review of Liberals’ Latest Pandemic Aid Package
OTTAWA—Opposition MPs are getting ready to review the Liberals’ latest package of pandemic aid and grill Finance Minister Chrystia Freeland about myriad economic issues. The 12-member House of Commons finance committee is scheduled to meet Monday to move the aid bill closer to a final vote before MPs leave on their holiday break in two…
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