The federal Liberals unveiled their fall economic update Thursday — a 92-page mini-budget setting out Canada’s fiscal situation and outlining new policies to tackle cost-of-living woes.
The word “inflation” appears more than 100 times in the document, making clear the government’s primary economic concern.
The new money is expected to cover requests from provinces under the Disaster Financial Assistance Arrangements, under which the federal government covers up to 90 per cent of eligible provincial expenses in the three months following a disaster.In last spring’s budget, the government announced an accelerated deadline for $33.5 billion in public infrastructure projects that had been promised in 2017.
On the other end of the spectrum, Quebec is the biggest laggard, with 37 per cent of its envelope or $2.75 billion still available. The next-biggest amount is British Columbia’s $661 million, representing 17 per cent of its share. And the government is also seeking to understand the challenges digital currency poses to democratic institutions, with some types of crypto being used to avoid global sanctions and fund illegal activities.
The money seeks to address the ongoing issue of companies having truck drivers self-incorporate and operate as independent contractors instead of being classified as employees. This denies them labour rights including paid sick leave, health and safety standards and employment insurance and pension contributions, the document says.
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