New spending could make inflation worse, but Trudeau\u0027s low rating in opinion polls means the government is headed for a fight. Find out more.
Unlike many of his global peers, Trudeau has avoided taking new measures recently to ease the burden of rising prices, even with inflation at its highest level since the early 1980s.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
Canada’s economy is doing better than most, thanks to high prices for commodities, its abundance of energy and strong population growth.are widespread. That means the nation would probably struggle more than peers to absorb more government spending that adds to demand. From a short-term fiscal perspective, the government can use revenue windfalls to pay for any new measures it wants to take. The most likely scenario is something along the margins, targeted to those who need it most and in line with the Trudeau government’s net-zero commitments — so no blanket rebates for drivers filling up their cars with gasoline.
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