Capital Money: Engines Taxpayers and Infrastructure Spending

capital money: 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, according to The Waterloo Record. 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. At its core, the document will be a two-pronged sales pitch. 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. "Our fall fiscal update will give people a sense of where the economy is right now, it will give them a sense of what we see as the growth rate over time," Morneau said Friday in Toronto. "It will also give them a sense of the way that we're going to work to improve our situation." The government has made attracting more private investment to Canada a central part of its strategy to lift the economy — which makes the timing of this year update of particular importance. It the first time Black Rock has hosted one of its major gatherings in Canada. Morneau will deliver the document two weeks before Black Rock, the globe largest asset manager, assembles a group of some of the biggest international financiers in Toronto for a key conference. (www.immigrantscanada.com). As reported in the news.