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Results: 61 - 75 of 159
View Chrystia Freeland Profile
Lib. (ON)
Mr. Chair, I am delighted to share with the member opposite and with Canadians what we are doing practically that has meaning for Canadians.
Let me talk about what we are doing for Canadian businesses. Nearly 670,000 Canadian businesses have received support—
View Gérard Deltell Profile
CPC (QC)
In Canada, the Quebec government will table its economic update this week. The Saskatchewan government tabled its economic update today. The Newfoundland government has tabled its economic update. Everybody is working hard in Canada, and the business community would like to know where the Liberal government is going.
The question is crystal clear. When will the Liberal government table an economic update?
View Chrystia Freeland Profile
Lib. (ON)
Mr. Chair, Canadian workers and Canadian businesses want to know that our government is here to support them. I have shared with this House our support for Canadian workers through the CERB. I've spoken about the CEBA, and let me point out that more than $26 billion of support has been given through that essential program.
Let me talk about the wage subsidy. More than 2.6 million—
View Gérard Deltell Profile
CPC (QC)
Mr. Chair, this is a little bit concerning for all Canadians, because this government cannot say when they will table the economic update, cannot identify how much money they have spent in the last three months and cannot say what is the deficit of Canada.
Is somebody in this government running this country correctly?
View Chrystia Freeland Profile
Lib. (ON)
Mr. Chair, absolutely we are running this country, and we are supporting our economy. In fact, we appreciate that Canada currently is experiencing its greatest economic crisis since the Great Depression. That is why we have devoted nearly 11% of GDP to support Canadian workers and Canadian businesses.
I want to assure Canadians—
View Dane Lloyd Profile
CPC (AB)
Mr. Chair, it has been months since the Liberals shut down this Parliament and months since the Minister of Finance should have presented a budget or at least an economic update to Canadians. Since then we have seen billions spent with little oversight and no plan.
The minister says that he needs certainty before he can table a budget. Well, that didn't stop Stephen Harper and the Conservatives from tabling a budget in the depth of the last great recession.
When are these Liberals finally going to take their job seriously and table an economic update?
View Mona Fortier Profile
Lib. (ON)
Mr. Chair, we're taking this very seriously. We're working for Canadians and bringing forward supports to make sure that businesses, workers and Canadians can put food on the table and pay their rent.
We will continue to support Canadians, and when we have a clear projection to present, we will do that.
View James Cumming Profile
CPC (AB)
Thank you, Mr. Chair.
Thank you, Mr. Minister, for appearing again in front of us today.
In my 30-some years in the private sector dealing with uncertain times, and there were many of them, I was always able to produce some kind of a budget or a forecast. In fact, I just found out that Parliament has always received a budget or a forecast in the last 100 years.
Can you tell us today when we can expect an economic forecast or budget?
View Bill Morneau Profile
Lib. (ON)
I completely appreciate and understand the importance of continuing to provide information to Parliament and to Canadians.
The biweekly report that you received in contemplation of this meeting, of course, details all of the measures that we've put forward. We are working to make sure that we keep updating that so that people have a very good understanding of the measures that we've put forward. Of course, we do intend to give a better understanding of our economic base. That will be able to be done as the economy gets more stable and as we get into a better position to make those understandings well known to Canadians.
View James Cumming Profile
CPC (AB)
We're asking businesses to forecast their revenues to be able to apply for programs. We're asking them to deal with their spending and be able to understand how their businesses are operating. You have a very talented crew here who are on this call with you today.
When can that team put together a full forecast or full budget so that people can see exactly where we're going and get some certainty about what's going to happen in the future?
View Bill Morneau Profile
Lib. (ON)
I think the challenge that we're all facing is that we are looking for certainty at a time where it's very difficult to deliver certainty. You will have seen this week that the OECD put out a forecast, but in fact, what it said is that it couldn't give us a forecast so it gave out two separate scenarios.
We're going to continue to deliver for you and for Canadians an understanding of the investments. As the situation is stable enough to provide better and more comprehensive information, we will be coming forward with that information.
View Gabriel Ste-Marie Profile
BQ (QC)
That's fine, thank you.
I have another quick question about the economic update.
We've been asking you questions about this for a month, but you always give us the same answer. However, according to the Bloomberg news agency, a budget update could be in the works for the summer.
Can we expect you to table it on July 8, when we sit in the House?
Also, why inform Bloomberg before you tell the MPs about it?
View Bill Morneau Profile
Lib. (ON)
I can assure you that we have not yet decided exactly what the next steps will be, because the economy is still unstable at the moment.
We need to be very clear about our investments and forecasts. As I said, when the situation is more stable, we will have more to say about it. In my opinion, I do not have enough information to present a complete plan.
View Joël Godin Profile
CPC (QC)
I would like to inform Parliament that Canadians are concerned about the attitude of this minority Liberal government. In addition to having to adapt to the COVID-19 crisis, they are worried about their future.
This government has lost control of its spending. When will we get an economic update?
View Mona Fortier Profile
Lib. (ON)
Mr. Chair, since the beginning of this crisis, Canadians have been a priority for us. We have been transparent and open about our spending to support them.
As soon as it is possible to have clear projections, we will provide an economic update.
Results: 61 - 75 of 159 | Page: 5 of 11

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