Write For Us

Coronavirus: Canadian Deputy PM Chrystia Freeland says fighting COVID-19 "isn’t cheap" | FULL

Sponsored Post Vitamin D2 Canada Persia
116 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Deputy Prime Minister and Finance Minister Chrystia Freeland in speaking about how the government has responded to COVID-19 on Wednesday said that fighting the coronavirus “isn’t cheap,” citing things like medical equipment and testing. She said there’s an added, “even more expensive” cost by limiting social contact and in turn, limiting economic activity.

Freeland made the comments during a keynote address at the Toronto Global Forum Wednesday afternoon.

The deputy prime minister said it was normal for Canadians to be concerned about their nation’s finances, but said if the question is whether the country can afford COVID-19 spending, the answer is yes. She said they entered the pandemic with “fiscal firepower” to do what was needed and had lowest net debt to GDP ratio in the G7 and still expected to have the same status.

She added that the financial assistance provided for Canadians was to help give them a “bridge” to help as many as they can and that not helping them would be a “profound mistake.”

MORE: https://globalnews.ca/news/7426675/bank-of-canada-economic-outlook-coronavirus/

For more info, please go to http://www.globalnews.ca
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#CanadianEconomy #GlobalNews #ChrystiaFreeland
Category
U.S. & Canada
Tags
coronavirus, COVID-19, corona virus
Sign in or sign up to post comments.
Be the first to comment