aboriginal communities: It provides more cash for children and their parents, poor seniors, unemployed Canadians and injured veterans, according to Toronto Star. The Liberals say their first budget is a tonic that will revive a slowing, uncertain economy, a salve for Canadians worried about their financial futures, and for aboriginal people a step toward righting past wrongs. The Liberal budget unveiled Tuesday calls for billions of dollars in new spending for aboriginal communities, middle-class families, transit upgrades and social housing in cities and towns across Canada. For all that, Canada finances will go deep into the red for at least the next five years as Liberals set aside election pledges to contain deficit spending to $10 billion. The hope That all that spending on roads, bridges and cities, and that extra money in families’ pockets, will kickstart a sluggish economy. Instead, the government said it will take advantage of low interest rates to borrow money and spend nearly $30 billion more this year than it takes in.
(www.immigrantscanada.com). As
reported in the news.
Tagged under aboriginal communities, financial futures topics.
24.3.16