for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Company News

Major Canadian spending on coronavirus is limited and temporary - finance minister

OTTAWA, Oct 28 (Reuters) - Canada will continue spending heavily to combat a coronavirus epidemic but the government’s response is limited and temporary, Finance Minister Chrystia Freeland said on Wednesday.

Freeland made her remarks to a Toronto economic forum after analysts and opposition politicians questioned the fiscal consequences of spending more than C$200 billion in aid programs and racking up the biggest budget deficits in 75 years.

A copy of her speech was made available to Reuters.

(Reporting by David Ljunggren and Steve Scherer)

Reuters Ottawa bureau; 647 480 7891; david.ljunggren@tr.com

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up