Federal government to provide $14B to provinces, territories to 'safely' restart economies - News Summed Up

Federal government to provide $14B to provinces, territories to 'safely' restart economies


The federal government is providing $14 billion to the provinces and territories to help them "safely and carefully" reopen their economies — but the premier of Canada's most populous province says it's not nearly enough. Watch: Prime Minister Justin Trudeau announces $14B for economic restartPrime Minister Justin Trudeau says the federal government is working on a "safe restart agreement" with provinces and territories and providing them with $14 billion to help them reopen their economies. "We really are approaching this by saying to the provinces and territories, 'We understand that a safe restart is essential and that it is expensive,'" she said. We are going to be there to support Canadians across the country and that is what we're doing here." Freeland also stressed that the federal funds are meant to help with the first six to eight months of economic recovery.


Source: CBC News June 05, 2020 14:37 UTC



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