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Stock impact report

Stimulus budget in cards as Canada's Liberals look to eclipse crisis [Reuters]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: Reuters
Stimulus budget in cards as Canada's Liberals look to eclipse crisis | Reuters 5 Min Read OTTAWA (Reuters) - With a federal election looming and Prime Minister Justin Trudeau’s government facing its worst political crisis in four years, Canada’s ruling Liberals are expected to table a goody-filled budget later this week in bid to get back on course with voters. Trudeau’s Liberals surged to power in 2015 on a pledge to jolt the economy by boosting spending, but their popularity has dropped sharply in recent weeks amid claims that Canada’s former Justice Minister was pressured to help construction firm SNC-Lavalin avoid a criminal trial. Adding to the pain, economic growth slowed sharply at the end of 2018 and, despite blockbuster job gains, Canadians are feeling increasingly pessimistic about the future as record household debt runs up against higher interest rates. To counter the negative sentiment, Finance Minister Bill Morneau is expected to make use of unexpectedly strong revenues Show less Read more
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