With a federal election looming and Prime Minister Justin Trudeau's governm...
OTTAWA - 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.
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. If Morneau wants to look fiscally prudent, the key will be to divvy up only the unexpected revenue, and not disrupt plans to reduce the net-debt-to-GDP ratio - a measure of how burdensome debt is relative to the economy, said Derek Holt, head of Capital Markets Economics at Scotiabank.
“Our recommendations include restoring 30-year mortgages for first-time home buyers and making some adjustments to the current stress test now that the market has changed,” said Kevin Lee, chief executive of the Canadian Home Builders’ Association. Budget documents may go into some detail, or just make a general commitment to boost coverage, leaving specifics for the election campaign.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Canada grounds the Boeing 737 Max 8 aircraftTransport Canada has issued a safety notice restricting commercial use of the Boeing 737 Max 8 aircraft involved in the Ethiopian Airlines crash that killed 157.
और पढो »
Canada joins Europe in banning Boeing Max 8, Max 9 aircraft from its airspace
और पढो »
Canada grounds Boeing 737 Max 8, leaving U.S. as last major user of planeCanadian officials issued the “safety notice” after new data was reviewed Wednesday morning.
और पढो »
Honda expected to recall about 1 million vehicles with dangerous air bagsAbout 1 million Honda vehicles, models from 2001 to 2010, will likely be recalled to have faulty air bag inflators replaced.
और पढो »
U.S. working on steel, aluminum tariff relief for Mexico, Canada: trade chiefThe United States is working on a plan to lift tariffs from Mexican and Canadian...
और पढो »
US and Canada are the only two nations still flying many Boeing 737 Max planesA raft of nations have temporarily suspended Boeing 737 Max flights after the fatal plane crash in Ethiopia, but the United States and Canada are still flying a substantial number of those models
और पढो »
Southwest pilots stand by 737 MAX despite Canada banThe Southwest Airlines pilots union said on Wednesday that it remained confident...
और पढो »