Global National: July 8, 2020 | Canada’s fiscal snapshot projects $343B deficit
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Global National: July 8, 2020 | Canada’s fiscal snapshot projects $343B deficit
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In tonight’s top story: Canada’s federal deficit is now projected to be $343 billion this year, while the country’s national debt is expected to exceed $1 trillion. Officials are warning the economy may never return to normal. David Akin and Mercedes Stephenson report on the latest numbers, and what’s missing from the fiscal update.
Dawna Friesen speaks with Canadian Finance Minister Bill Morneau to discuss the country’s fiscal and economic snapshot, who says the COVID-19 pandemic has been an enormous shock to our system.
Mike Armstrong reports on a new policy for Montreal police regarding street checks, and whether it's enough to fight racism.
And, Jackson Proskow explains how U.S President Donald Trump says he’ll cut funding if U.S. schools don’t reopen amid the COVID-19 outbreak in the country.
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