Bottom Line: Tuesday Afternoon and Sales Pitch

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.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.