6.89°C Vancouver

Nov 24, 2020 3:13 AM -

Liberals will deliver a long-awaited update on the health of federal finances on Nov. 30: Chrystia Freeland

Share On
liberals-will-deliver-a-long-awaited-update-on-the-health-of-federal-finances-on-nov-30-chrystia-freeland
Deputy Prime Minister and Minister of Finance Chrystia Freeland is seen during a news conference in Ottawa on October 20, 2020. THE CANADIAN PRESS/Adrian Wyld

Finance Minister Chrystia Freeland says the Liberals will deliver a long-awaited update on the health of federal finances on Nov. 30.

She made the announcement today in the House of Commons.

The Liberals had promised an update this fall on the federal deficit as part of a document that could also include the first steps toward a national child-care program.

The government has not tabled a budget for this fiscal year, but in July delivered what it called a ``fiscal snapshot'' that estimated the deficit was heading for a record of $343.2 billion.

Deputy PM announces businesses can start applying today for a new federal rent-relief program

Businesses can start applying today for a new federal rent-relief program.

The Canada Emergency Rent Subsidy replaces an earlier program that saw little pickup because it relied on landlords to apply for help.

Deputy Prime Minister Chrystia Freeland says it's a victory for small-business owners who have battled adversity throughout the pandemic.

The Canadian Federation of Independent Business welcomed the new program, but noted it doesn't help companies that would have qualified for the previous support, if only their landlords had chosen to apply.

Freeland says news about the vaccines is like some light in the end of the tunnel

As a COVID-19 surge is forcing a renewed lockdown in some parts of the country, some small businesses are complaining that their big box store competitors are allowed to remain open.

In Ottawa, Deputy Prime Minister Chrystia Freeland says Canadians can help by shopping locally where businesses remain open.

Latest news

carney-to-take-private-vacation-in-uk-and-italy-after-norway-uk-visits
CanadaMar 12, 2026

Carney to take private vacation in UK and Italy after Norway, UK visits

Prime Minister Mark Carney is expected to remain in Europe for a short private vacation following official visits to Norway and the United Kingdom, according to reports about his upcoming travel schedule. Carney is scheduled to depart on March 13 for Norway before continuing to the United Kingdom for meetings with political leaders. The Prime Minister’s Office says the trip will focus on defence cooperation, global economic shifts and international security issues. During his time in London, Carney is expected to meet British Prime Minister Keir Starmer. According to officials, the discussio
treaty-6-leaders-raise-alberta-separatism-concerns-during-meeting-with-king-charles
AlbertaMar 12, 2026

Treaty 6 leaders raise Alberta separatism concerns during meeting with King Charles

The grand chief of the Confederacy of Treaty Six First Nations says Indigenous leaders raised concerns about Alberta separatism during a recent meeting with King Charles III at Buckingham Palace. Grand Chief Joey Pete said the King was “very interested” in hearing directly from Treaty 6 leadership and listened closely as chiefs described issues affecting First Nations in the region, including political discussions in Alberta about possible separation from Canada. Pete said the King expressed concern after hearing about the issue and told leaders he would seek to learn more. According to Pe
federal-cap-limits-non-sufficient-funds-bank-fees-to-10-starting-thursday
CanadaMar 12, 2026

Federal cap limits non-sufficient funds bank fees to $10 starting Thursday

New federal rules limiting how much banks can charge when customers do not have enough money in their accounts to cover a cheque or pre-authorized payment took effect Thursday. The regulations cap non-sufficient funds (NSF) fees at $10 for personal deposit accounts. According to the federal government, banks previously charged as much as $50 for the same type of transaction. Under the new rules, banks are also prohibited from charging more than one NSF fee within two business days for the same deposit account. Financial institutions also cannot charge an NSF fee if the account shortfall is les
canada-wide-warrant-issued-for-24-year-old-man-charged-in-surrey-homicide-of-navdeep-kaur
CanadaMar 11, 2026

Canada-wide warrant issued for 24-year-old man charged in Surrey homicide of Navdeep Kaur

A Canada-wide warrant has been issued for a 24-year-old man charged with second-degree murder in the death of a Surrey woman who was reported missing in 2024. Integrated Homicide Investigation Team said 24-year-old Amarbir Singh has been charged in the killing of 28-year-old Navdeep Kaur. Police say Kaur was reported missing by family members to the Royal Canadian Mounted Police in Surrey on Feb. 23, 2024. Investigators with the Surrey RCMP Missing Persons Unit gathered evidence that led them to believe she had been the victim of a homicide. IHIT took over the case in March 2024 and worked wit
pacific-storm-brings-wind-warnings-and-mountain-snow-across-southern-b-c
BCMar 11, 2026

Pacific storm brings wind warnings and mountain snow across southern B.C.

A Pacific storm system moved into southwestern British Columbia on Wednesday, bringing wind warnings for coastal communities and fresh snowfall forecasts for higher elevations across the province. Environment Canada said in a special weather statement that there is a slight chance of brief sea-level snowfall in parts of Metro Vancouver as the system moves through. Any low-elevation snow is expected to be short-lived. Flurries earlier in the week did not accumulate at Vancouver International Airport, keeping Vancouver on track for what could become its first officially snow-free winter in more

Related News