Episode 1088 • • 1:38:23 - 1:41:01
1088: Three Chambers
Canadian Fiscal Update, Response to Trump Tax Cuts
Canadian Finance Minister Bill Morneau released a fiscal update including $16 billion in new investments and tax breaks for businesses. This move is a direct response to the competitive pressure created by the Trump administration's corporate tax cuts. The plan will result in continued deficits for the foreseeable future as Canada attempts to diversify its trade away from the US market.