Canadian Prime Minister Appoints New Finance Minister - News Summed Up

Canadian Prime Minister Appoints New Finance Minister


Mr. Trudeau said the suspension would allow his government to return next month with a new plan for addressing the coronavirus pandemic and economic recovery. “We need to reset the approach of this government for a recovery,” Mr. Trudeau said in a press conference. She is the first woman to be appointed finance minister at the federal level in Canada. Mr. Morneau disclosed last month that his family had accepted more than 40,000 Canadian dollars (U.S.$29,400) in hospitality and accommodation from WE Charity. At his press conference, Mr. Trudeau suggested he wouldn’t be worried about additional spending given that interest rates are at near-record lows.


Source: Wall Street Journal August 18, 2020 18:52 UTC



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