Raising taxes ‘not on the table’ despite COVID-19 spending: Bill Morneau

The federal government will provide a 'fiscal snapshot' on July 8. Finance Minister Bill Morneau explains what that means.

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9 comments

  1. Taxes will go up because of the massive deficits. If it does not go up now, it will surly go up later.

  2. Taxes, default, or inflation. Those are the options for dealing with public debt. We are looking at inflation. It’s the only option that is politically acceptable because the masses don’t understand what’s happening as it unfolds over years. Expect savings and pensions to be damaged. The debt, BTW, includes the massive provincial debt burdens. It all has to be supported by the same economy. Most of the problem, however, isn’t the covid response. It’s the massive debt coming burden that existed into the crisis. Covid is just pushing it over the edge.

  3. Fiscal snapshot holy crap what a load. Our system is an international and internal embarrassment.

  4. Omg another person talking in circles… duh, I am confused, duh, I donโ€™t know what to say but the same thing I just did in different words… cause I donโ€™t think your smart enough to see I Talk In CIRCLES.. thanks Trudeau for the lesson. ๐Ÿ‘Ž๐Ÿป๐Ÿ‘Ž๐Ÿป๐Ÿ‘Ž๐Ÿป๐Ÿ‘Ž๐Ÿป. I know where you can get some money take a wage cut of 1/3 for all members in parliament..including TRUDEAU

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