OTTAWA – Deputy Prime Minister Chrystia Freeland has officially been named Canada’s new finance minister. Everyone in attendance wore a mask and the chairs were spaced well apart in Rideau Hall as Chrystia Freeland was sworn in on Tuesday afternoon as the country’s first female finance minister. She removed her mask as she took the […]
Multiple reports say the Prime Minister Justin Trudeau is going to name Deputy Prime Minister Chrystia Freeland the next Finance Minister on Tuesday. Once named to the post Freeland would be the first woman to hold the title. It’s expected Freeland would remain deputy prime minister, but her intergovernmental affairs role could be re-assigned during […]
Federal finance minister Bill Morneau stepped down Monday after the WE Charity scandal. After five years of holding the position, Morneau announced his resignation in a press conference in Ottawa. His resignation also includes his member of Parliament seat in Toronto Centre. During his resignation, he says he told Prime Minister Justin Trudeau he only […]
Prime Minister Justin Trudeau says he has full confidence in Finance Minister Bill Morneau and that any reports to the contrary are false. Trudeau’s office has taken the unusual step of issuing a statement in support of Morneau in a bid to shut down speculation the finance minister is about to be fired. Opposition parties […]
Outgoing Conservative Leader Andrew Scheer says Prime Minister Justin Trudeau should resign over his role in the controversy involving the WE organization. Scheer has previously called for Finance Minister Bill Morneau to be fired for trips he and members of his family took in 2017, part of which were paid for by WE Charity. “In […]
Opposition parties are asking the federal ethics watchdog to widen his probe of Bill Morneau regarding the WE organization as the finance minister continues to face calls for his resignation. Conservatives and New Democrats have written to ethics commissioner Mario Dion to look into trips Morneau took three years ago, part of which were paid […]
OTTAWA — Finance Minister Bill Morneau says the Liberals are easing eligibility rules for the government’s emergency wage subsidy and changing the amounts businesses can receive. The government had been under pressure to make the subsidy more accessible, specifically by loosening the requirement of a 30 per cent drop in revenues, so more companies under […]
The Trudeau Liberals say they expect nearly two million Canadians to remain without jobs this year as the COVID-19 pandemic drags down the domestic economy and federal aid sends the deficit to a historic $343.2 billion. The economic and fiscal “snapshot” from the government today lays out the Liberals’ belief that there will be a […]
The federal Liberals are to lay out today how they see the COVID-19 pandemic affecting government finances for the fiscal year including an estimated deficit and a projected path for the economy. Finance Minister Bill Morneau is to release what the government has styled a fiscal and economic snapshot. The Liberals have regularly updated MPs […]
The federal government has announced more details into the employee wage subsidy Wednesday afternoon. Finance minister Bill Morneau says the employee wage subsidy will be open to all businesses who lost at least 30 percent of their revenue as a result of the COVID-19 pandemic. The subsidy will help pay for 75% of impacted wages […]
