The federal government’s upcoming fall fiscal update will look like no other in Canadian history. With an already record $343-billion deficit and significant promises still to fulfil from the Liberals’ September throne speech, the cost of COVID-19 is mounting.
[Editor: Provinces are trying to keep businesses open but doctors who support 'Covid zero' say it will just make matters worse and they are very bad already.]
Public-sector pension plan managers in Canada are being asked to explain their investments in an energy company building a new fossil fuel facility on the West Coast.
The US$310-million liquefied natural gas facility, called Tacoma LNG, is being built at the Port of Tacoma by Puget Sound Energy (PSE), a utility in the state of Washington, and is expected to be completed next year.
This adds some significant uncertainty to the hope that Trump will soon stop blustering and accept reality. It reminds us that, as will the pandemic, our reality and Trump's may not be the same.
The coming weeks could be the period of greatest threat to Venezuela
Trump has not yet accepted electoral defeat, and his remaining days as U.S. presidency until Biden’s inauguration may represent the period of greatest threat of armed intervention in Venezuela, especially before December 6, the date of the country’s next legislative elections.