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Five Eyes allies urged to lessen dependence on China
Thursday, May 21st, 2020
Canada depends on China for 367 categories of goods, such as pharmaceuticals and food additives, of which 83 are used to supply critical national infrastructure, including rare-earth minerals, industrial products and electronics… as China has become more authoritarian under President Xi Jinping, it has increasingly shown a willingness to threaten and punish countries that question its actions… Canada must at a minimum diversify its supply chains.
Tags: economy, globalization, Health, ideology
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Trudeau says businesses, non-profits, charities all eligible for wage subsidy
Monday, March 30th, 2020
The federal government has vastly expanded the 75-per-cent wage subsidy for small businesses to include large companies as well as charities and non-profits to encourage them to keep workers on the payroll during the COVID-19 pandemic. Prime Minister Justin Trudeau told his daily news conference Monday that the generous subsidy will be open to any business or organization that has suffered a 30-per-cent drop in revenue as a result of the coronavirus.
Tags: budget, economy, ideology, jurisdiction, participation, standard of living
Posted in Policy Context | No Comments »
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