The minority Liberal government will present a fiscal and economic “snapshot” on July 8, Prime Minister Justin Trudeau said Wednesday, after sidestepping the question for months amid the coronavirus pandemic.
“This will give Canadians a picture of where our economy is right now, how our response compares to that of other countries, and what we can expect for the months to come,” Trudeau said, adding that Finance Minister Bill Morneau would formally announce the upcoming fiscal update in Parliament later in the day.
The federal government had been set to table its 2020 budget in late March, but postponed its release as it moved to respond to the outbreak of the COVID-19 in Canada.
Following Trudeau’s briefing, federal ministers will discuss Canada’s new cases and the health response to the pandemic.
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