Freeland is optimistic that some urgent COVID-19 support can end this fall
Deputy Prime Minister Chrystia Freeland (Chrystia Freeland) said that as the provinces relax restrictions and improve the economy, some major emergency epidemic support programs may not need to be extended to November.
But Freeland, who is also the Minister of Finance, warned of the assessment, saying that the economy and recovery of the COVID-19 pandemic are notoriously unpredictable.
“One thing we have seen from the United States is that before us, the United States began to open up a bit, and there have been some unexpected bumps in the recovery process. So we will pay close attention to it, and we are ready to further expand these support when necessary ,” she told CBC Chief Political Correspondent Rosemary Button in an interview that aired on Sunday. Rosemary Button live broadcast.
“However, for now, we look pretty good. “
She said that the Liberal government’s 2021 budget—Freeland’s first appointment as Minister of Finance and currently awaiting second reading in the Senate—provides “basic cases” for changes in emergency measures, such as Canada’s recovery benefits and federal wage subsidies.
Currently, these key supports will be extended to September 25.
“It’s still a long time from now,” Freeland said. In addition to salary subsidies and CRB, the government’s new recruitment incentives will continue until November, and the improved and flexible EI system will continue for another year.
But she said that the proposal to gradually reduce revenue and business support starting in July “looks good to me.”
Freeland said that economists predict a strong economic recovery, but Ottawa reserves the right to extend support measures until the end of November if necessary.
“This is an unpredictable virus. Because of this, the economic response is actually unpredictable, and no one can accurately predict it.”
Organisation for Economic Co-operation and Development Expected May The Canadian economy will grow slightly more than 6.1% in 2021, higher than the 3.7% forecast made in March. The Canadian Conference Committee predicts a similar increase this year.
With some experts and politicians worried about inflation, the Bank of Canada kept interest rates stable. Think that prices are rising It is a temporary phenomenon.
“Work hard” on parenting plans
Freeland was also asked about the progress of the landmark social policy included in this year’s budget-a commitment of $30 billion in the next five years to provide affordable childcare services nationwide.
“I will not be the first to make any announcements, but some provinces and territories have raised their hands and we are working hard with them,” she told Button.
“I don’t believe in counting my chickens before hatching. But we are now hatching some eggs.”
Many provinces including Alberta and Ontario Express doubt Regarding the plan, the plan will eventually make the federal government cover half of all childcare costs, with a view to reducing the cost to an average of $10 per day.
But the childcare project and other policy agendas of the Liberal Party depend on its return to government in the next few years. The elections are Generally expected Sometime this year.
Prime Minister Justin Trudeau has Said before When considering possible early elections, an inefficient parliament will be a factor to consider.
Freeland said on Sunday that she is focused on making policy changes a reality. But she said the minority government has encountered difficulties in passing the bill. She also called on the senators to continue their efforts to pass legislation, including the budget implementation bill awaiting second reading in the Red Room.
“I do think we’ve got back to where we were a little bit this spring. Even if we have to pass the budget, it will be an uphill struggle.”
You can watch the full episode of Rosemary Barton Live CBC Gem, CBC’s streaming media service.