Canada’s budget bill passes Senate, extending pandemic aid programs By Reuters

© Reuters. FILE PHOTO: Canadian Prime Minister Justin Trudeau speaks to reporters next to Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland and Minister of Intergovernmental Affairs Dominic LeBlanc on Parliament Hill in Ottawa, Ontario, Canada Au

OTTAWA (Reuters) – Canada’s Senate on Tuesday adopted Prime Minister Justin Trudeau’s government’s budget bill, the final step in extending COVID-19 supports through the summer and ahead of a likely election in the fall.

Bill C-30 passed the Senate 63-to-19 late in the evening. Trudeau’s Liberals, who have a minority, last week pushed the bill through the House of Commons with the help of the opposition New Democrats and Bloc Quebecois.

The bill – Canada’s first budget in more than two years – contained extensions to key aid programs, such as the wage subsidy to help employers pay workers and supports to help businesses pay their rent.

Two other bills – criminalizing LGBT conversion therapy and regulating programming on streaming services like Netflix (NASDAQ:) – were referred back to committee, likely leaving them to be dealt with after the summer break.

The Senate, or upper chamber, added two sitting days this week to deal with a raft of bills approved by House lawmakers last week ahead of their summer break.

Critics have said the Liberals are trying to rush legislation ahead of a likely election in the fall.

Trudeau has publicly played down election talk, but sources told Reuters he was aiming for a September snap election to capitalize on Canada’s emergence from the COVID-19 pandemic. The hope would be to secure a majority.

Trudeau’s Liberals led the main opposition Conservatives 34% to 30% in a national poll released last week by Leger.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button