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Canada’s NDP will decide fate of Trudeau government

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CANADA

Prime Minister Justin Trudeau had prorogued parliament. The throne speech requires a vote of confidence in the government. If the government loses, a snap election can follow…

Canada statement prefigures likely early election

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CANADA

The government expects a CAD381bn (USD297.5bn) deficit for fiscal year 2020-21 (ending March 31). It also promised a CAD100bn stimulus package from calendar 2021, in further…

Trump worries will weigh on Canada's economic agenda

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CANADA

Trump’s victory in the US presidential election has created worries in Ottawa that a more protectionist line from Washington could further dampen weak Canadian business investment…

Federal healthcare funding will rise in Canada

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CANADA

While provincial premiers have been asking for more than the federal government is now offering, Trudeau’s plan for additional spending over the next ten years will make the…

The outlook for diamond prices is far from glittering

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INTERNATIONAL

India’s monetary reform in November 2016 severely affected liquidity conditions in the midstream segment, which is dominated by family-run firms relying on credit to purchase…

Canadian budget will constrain future governments

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CANADA

This is Canada's first balanced budget since the 2008-09 financial crisis, but had been delayed by about two months. This was ostensibly due to the government's need to…

Ontario debt may trigger a political backlash in 2018

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CANADA

Ontario's public debt.

The short-term impact of Canada's budget will be small

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CANADA

The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…

Liberal-NDP split should not mean early Canada poll

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CANADA

The NDP has long pushed for a national pharmacare programme, and a lack of action would provide an excuse for Singh to end the 2022 pact with the Liberals that has helped keep the…

Canada’s military could face cuts after COVID-19

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CANADA

This comes as COVID-19 has necessitated state support payments to Canadians, skewing the government’s budget and spending priorities. Canada’s military faces possible budget cuts…