Federal officials are pushing the Canadian Infrastructure Bank to back Via Rail's high-frequency rail project, according to documents tabled in the House of Commons.
In the lead up to his pre-election budget, federal Finance Minister Bill Morneau has been alerted by his department that Canadians' heavy debts have made abrupt shocks to incomes, house prices or interest rates a "significant concern," according to internal documents.
The federal budget won't be balanced until at least 2040, the Finance Department said on Friday, December 21, 2018, providing fresh figures for parties looking to position themselves with voters as the best stewards of the public purse.
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.
Rachel Notley took a more traditional Alberta swipe at the government when she urged Ottawa to pick a pipeline- any pipeline- and do it sooner than later. But it seems the liberals aren't convinced.
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.