Canada’s Fall Economic Statement Prioritizes Pandemic Relief and Economic Recovery
The Department of Finance released on Monday its first multi-year assessment of the fiscal and economic outlook since the COVID-19 outbreak. The key takeaway of the Fall Economic Statement is that the federal government will continue to provide large-scale fiscal support to the economy through the public health crisis and into the recovery. While the Liberal government gives a nod to longer-term policy ambitions, the Statement postpones the implementation of major new initiatives.
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