Finance Minister said she must show restraint because Canada\u0027s economy is at risk of sliding into a recession. Read more.
Freeland acknowledged that the government walks a very fine line when it comes to delivering on these programs, arguing for the need for very targeted supports because governments must be wary of flaming“We’re very aware of the uncertainty in the global economy right now: Inflation is high andare high — things are tough for a lot of Canadians,” Freeland told reporters. “At the federal level, this is a time of real fiscal constraint.
Nonetheless, Freeland acknowledged that her Liberal Party campaigned on promises to spend more on health and the environment, saying that “we will honour those commitments.” Freeland said she had not presented anything specific on the health-care front, and was transparent about the federal government’s fiscal constraints and investment pressures.negotiating health-care transfers with the provinces. Premiers wanted the federal government to increase provincial funding by $28 billion a year, having Ottawa cover 35 per cent of health-care costs instead of its current 22 per cent.
Health care has emerged as a particular point of concern as hospitals have been overwhelmed and are continuing to grapple with ongoing COVID-19 cases. Quebec’s finance minister, Eric Girard, said a lot of these health-care transfer conversations depend on what the federal government will bring to the table when first ministers convene next week.Article content
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