{"id":97748,"date":"2017-10-24T19:10:39","date_gmt":"2017-10-24T19:10:39","guid":{"rendered":"http:\/\/usa.timesofnews.com\/bill-morneau-to-deliver-fall-economic-statement-today.html"},"modified":"2017-10-24T19:10:39","modified_gmt":"2017-10-24T19:10:39","slug":"bill-morneau-to-deliver-fall-economic-statement-today","status":"publish","type":"post","link":"https:\/\/usa.timesofnews.com\/breaking-news\/political\/bill-morneau-to-deliver-fall-economic-statement-today.html","title":{"rendered":"Bill Morneau to deliver fall economic statement today"},"content":{"rendered":"<p>Finance Minister Bill Morneau will deliver his fall economic statement in the House of Commons today.<\/p>\n<p>CBCNews.ca will carry his remarks live starting at 4 p.m. ET.<\/p>\n<p> <img decoding=\"async\" src=\"https:\/\/i.cbc.ca\/1.4036992.1490469958!\/cpImage\/httpImage\/image.jpg_gen\/derivatives\/original_620\/fedbudget-20170322.jpg\" alt=\"FedBudget 20170322\" width=\"100%\" \/><\/p>\n<p class=\"figure-caption\">Finance Minister Bill Morneau will deliver his fall economic statement in the House of Commons Tuesday. (Adrian Wyld\/Canadian Press)<\/p>\n<p>Morneau will hand down a document that is expected to be much more rosy than some of the headlines he has\u00a0faced this year. As CBC News\u00a0<a href=\"javascript:void(0)\">first reported Monday<\/a>, the minister is expected to announce a boost to payments made to families under the\u00a0<a href=\"javascript:void(0)\">Canada Child Benefit<\/a>\u00a0(CCB) program.<\/p>\n<p>Morneau\u00a0is also expected to bolster the Working Income Tax Benefit, a refundable tax credit aimed at providing tax relief for low-income Canadians who have jobs and encouraging those who don&#8217;t to join the workforce, the Canadian Press has reported.<\/p>\n<ul>\n<li><strong><a href=\"javascript:void(0)\">Rosy economic picture in fall update will give Liberals a chance to crow<\/a><\/strong><\/li>\n<li><strong><a href=\"javascript:void(0)\">Liberal government to boost Canada child benefit payments: sources<\/a><\/strong><\/li>\n<li><strong><a href=\"javascript:void(0)\">Canadian interest rates must be just right for a Goldilocks economy: Don Pittis<\/a><\/strong><\/li>\n<\/ul>\n<p>The Canadian economy is, by many measures, on the up and up.<\/p>\n<p>Unemployment rates have drifted downwards, reaching levels not seen since the months before the Great Recession. The GDP growth rate, a key measure of a country&#8217;s economic health,\u00a0has been impressive, with the\u00a0overall economy growing by 4.6 per cent in the 12 months leading up to the end of May. The economy hasn&#8217;t\u00a0seen such lofty figures since 2000.<\/p>\n<p>The government has said their plan has &#8220;invested in people&#8221; \u2014 giving Canadians tools like the child benefit, a &#8220;middle-class tax cut&#8221; and investments in infrastructure\u00a0\u2014 and the results are starting to bear fruit.<\/p>\n<p>The Conservatives are calling on the Liberal\u00a0government to follow through on its 2015 election promise to keep this year&#8217;s deficit at no more than $10 billion and balance the books by 2019.<\/p>\n<p>After taking office the Liberals backed off those &#8220;fiscal anchors,&#8221; blaming the collapsing price of oil\u00a0putting stress on the economy.<\/p>\n<p>&#8220;Justin\u00a0Trudeau\u00a0is running out of other\u00a0people&#8217;s\u00a0money and so he sent out Bill\u00a0Morneau\u00a0and his tax collectors to find more,&#8221; said finance critic Pierre\u00a0Poilievre.\u00a0<\/p><\/p>\n<p>Article source: http:\/\/www.cbc.ca\/news\/politics\/bill-morneau-fall-economic-statement-1.4369040?cmp=rss<\/a>\r\n<\/p>","protected":false},"excerpt":{"rendered":"<p>Finance Minister Bill Morneau will deliver his fall economic statement in the House of Commons today. CBCNews.ca will carry his remarks live starting at 4 p.m. ET. Finance Minister Bill Morneau will deliver his fall economic statement in the House of Commons Tuesday. (Adrian Wyld\/Canadian Press) Morneau will hand down a document that is expected [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[84],"class_list":["post-97748","post","type-post","status-publish","format-standard","hentry","category-political","tag-political"],"_links":{"self":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/97748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/comments?post=97748"}],"version-history":[{"count":0,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/posts\/97748\/revisions"}],"wp:attachment":[{"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/media?parent=97748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/categories?post=97748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usa.timesofnews.com\/breaking-news\/wp-json\/wp\/v2\/tags?post=97748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}