Free Trial

FM Freeland Aims To Boost Potential Growth

CANADA
  • Speaking after GoCs had closed, Finance Minister Freeland yesterday launched pre-budget consultations that will run until late Feb, noting an aim to boost potential growth, crack down on housing investors and help fund a green transition.
  • “I want to have measures that increase the ability of Canada to grow really, really strongly post-COVID… An economy which is expanding, is an economy which can really create prosperity for all of its people, and also an economy which will help us as a country have that steadily declining debt-to-GDP ratio”.
  • The Economic & Fiscal Update from Dec’21 projected the deficit narrowing from C$144.5B in FY21-22 (5.8% GDP) to C$58.4B in FY22-23 (2.2% GDP).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.