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Trudeau Sets up Sept Confidence Vote on Economic Relaunch Plan

CANADA
  • PM Trudeau says he will suspend Parliament until September, then offer a "Throne Speech" on how to relaunch the economy
  • Opposition parties could force an election by defeating a confidence vote on the speech, but Trudeau says this isn't a bid to trigger an early election
  • Trudeau called Tuesday press conference after dropping Finance Minister Bill Morneau for Chrystia Freeland
  • Trudeau says he won't raise taxes; Freeland said environmental policies have to be part of how the economy changes
  • Trudeau says he will "absolutely" run in the next election
  • Suspending Parliament halts work of committees investigating Trudeau's earlier approval of a CAD900m contract for a volunteer charity, after reports some of his family were paid speaking fees by WE Charity
  • Trudeau says Throne Speech will present long term recovery plan, says that is worth the political price of suspending Parliament
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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