Freeland calls for more deficit spending


Minister of Finance and Deputy Prime Minister Chrystia Freeland called for additional deficit spending during her address to the Toronto Global Forum on Wednesday. “Our citizens and our companies are suffering through no fault of their own. For a government to abandon them at a time like this would be monstrous,” Freeland said referring to the pandemic. “Doing too little is more dangerous and potentially more costly than doing too much.” Her speech, which did not unveil any additional spending announcements or budgetary updates, underlined the Liberal government’s intention to continue spending their way through the pandemic.

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