Trudeau plans to unveil ‘significant’ fiscal stimulus package on Wednesday [Financial Post (Toronto, Ontario, Canada)]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
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Source: Financial Post
Trudeau plans to unveil 'significant' fiscal stimulus package on Wednesday Plan will likely inject cash into businesses to keep employees on payroll, and bolster government benefits and unemployment programs Prime Minister Justin Trudeau said his government will roll out a “significant” fiscal stimulus package Wednesday in a bid to shield Canada’s economy from tumbling into a recession. In his second televised address from outside his residence in as many days, Trudeau said the plan will include economic support for individual Canadians and businesses affected by the coronavirus pandemic. He added that lawmakers could be recalled briefly to enact changes to unemployment benefits. “We have the ability to invest right away to help Canadians but there are legislative measures that will need to be agreed to by parliament in order to move forward,” Trudeau said Tuesday in Ottawa. The Bank of Nova Scotia recommended last week the federal government would need to produce at least a $20-billi
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BNS
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