The federal government will release a fiscal update on July 8, Prime Minister Justin Trudeau said during his daily update at Rideau Cottage Wednesday (June 17).
Trudeau said the update would give Canadians a sense of BԪַwhere we are now,BԪַ as well as how the country compares to the rest of the world.
WednesdayBԪַs announcement was an about-turn for Trudeau, who had in prior weeks said a fiscal update would be unrealistic amid a pandemic.
He said his government has provided updates to the finance committee every two weeks.
The update that is promised for July 8 will not be a full economic update, the prime minister noted, but BԪַmore of a snapshot of where we are right now.BԪַ
Trudeau said the update would only include predictions for the coming months, not years as is typical of fiscal or economic updates.
BԪַI think it will be useful for people to see the scale and impact of everything weBԪַve put out,BԪַ Trudeau said.
BԪַIt would be unrealistic to project further than a few months.BԪַ
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