OTTAWA, Canada – Canada’s finance minister announced Can$101.4 billion (US$80.9 billion) in spending Monday to help its battered economy recover from the pandemic and set a greener course with a new climate target.
The measures in the government’s first full fiscal plan in two years are to be rolled out over the coming years.
“This budget is about finishing the fight against COVID,” Finance Minister Chrystia Freeland said in a speech to parliament. “It’s about healing the economic wounds left by the COVID recession. And it’s about creating more jobs and prosperity for Canadians in the days — and decades — to come.”
“We must punch our way out of the COVI…
Keep on reading: Canada to spend big to ‘punch way out of COVID recession’