bottom line: Those objectives have pushed the document, which Morneau will deliver Tuesday afternoon in the House of Commons, beyond its traditional role as a laundry list of refreshed predictions for growth and the federal bottom line, according to The Toronto Star. At its core, the document will be a two-pronged sales pitch. By Andy Blatchford The Canadian Press Fri., Oct. 28, 2016 OTTAWA—Next week fall economic statement from Finance Minister Bill Morneau will be heftier than a typical fiscal update — the result, sources say, of its two major goals: convincing the public the Liberal economic plan is working and promoting Canada abroad as an enticing investment destination. For institutional investors, it will help to promote Canada as a safe investment haven in an uncertain world for their firms, which together hold trillions of dollars of capital — money that could fuel the country economic engines. Article Continued Below Tuesday statement comes with the economy stuck in a slow-growth ditch following months of disappointing data and downgraded forecasts, and the Trudeau government engaged in a long-term effort to pull it out, with the help of Morneau external council of economic experts. Taxpayers will hear Morneau try to ease their fears about a growing deficit, arguing that Liberal measures like infrastructure spending and richer child benefits have already begun to help at a time of deteriorating economic conditions.
(news.financializer.com). As
reported in the news.
Tagged under bottom line, laundry list topics.