One woman covered her mouth and turned away from the screen, while another said, "Oh no!" Bill Morneau and Catherine McKenna both came and went without talking to reporters in Ottawa.
The federal Liberals are banking on the creation of a new, arm's-length lending machine that could leverage billions in public money and turn it into new highways, bridges and transit projects.
When Finance Minister Bill Morneau meets a group of private−sector economists Thursday to ask about their economic forecasts, he may be encouraged to shed a little light on the future himself.
The federal government posted a razor-thin $1-billion deficit in 2015-16, a period in which both the Liberals and Conservatives had turns managing the public books.
Premier Kathleen Wynne said Tuesday that while the federal investment comes at a critical time, they're still playing catch-up after years of under-investment in transit infrastructure.
The subnational outlook, which excludes the federal government, has worsened since last year due to increased spending projections for health care and public sector administration, the analysis said.
Ottawa and the provinces reached an agreement−in−principle this week to gradually increase CPP premiums as a way to boost the program’s benefits for future generations of retirees.
Both Canadian workers and their employers will soon be on the hook for higher contributions to the Canada Pension Plan under a new deal announced on Monday.
Finance minister says revamping the Canada Pension Plan is critical to ensuring that future generations of Canadians can retire in dignity, no matter the state of their finances.
The gathering Monday in Vancouver will be dominated by talks on Canada Pension Plan reform —but Carlos Leitao warned the urgent issue of health funding is perhaps even more important.