Episode 6: The Federal Fiscal Snapshot. What Does it Mean and What’s Next for Canada?

On July 8, the federal Liberal government updated the country on Canada’s finances. This fiscal snapshot was unlike any other as it arrived after four months of reactionary spending as the Trudeau Government responded to COVID-19. As the government moves beyond the emergency phase of its response and into a new recovery phase, what can we expect next? Will we see the budget originally drafted for March of this year make its way to the House this fall? Does the government have the confidence of the opposition parties to continue to navigate these uncharted times? In this episode, Peter Cleary, Stephanie Gawur and Ian Chesney unpack the economic outlook provided by Finance Minister Bill Morneau to Canadians yesterday. They discuss the issues the federal government will be tasked with this fall as health care organizations and providers brace for a potential second wave of COVID-19.