Trudeau Unveils $10.5 Billion in Tax Cuts to Keep Up With Trump

Canada’s cumulative 5-year budget deficit to rise to $83.5 billion as the Liberal Government unveiled corporate tax breaks to businesses worth $10.5 billion, allowing businesses to write-off capital investments more quickly. This decision is bound to increase government borrowings and debt issuances. Source: Bloomberg Justin Trudeau is offering tax breaks to business instead of cutting…

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Canada’s Big Bet on Stimulus Draws Global Attention

Trudeau government bets big on infrastructure investment amid rout in commodity prices Source: The Wall Street Journal In the global struggle to boost growth, a Canadian experiment in fiscal spending is providing a test case for some of the world’s biggest economies. Prime Minister Justin Trudeau’s Liberal government unveiled a plan last spring to spend heavily…

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