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OTTAWA 鈥?Our plan 鈥?to invest in people, to strengthen and grow the middle class, and to build an economy that works for everyone 鈥?is working. By this time next year, a typical family of four will be $2,000 better off under our plan. 鈥?Finance Minister Bill Morneau.Last week, when the federal Liberal caucus met in Saskatoon for election-year planning, uncertainty about pipelines and NAFTA hung like a dark cloud. But Prime Minister Justin Trudeau and his MPs wanted the public to focus on whether they are better off today than they were before the Liberals were in off stanley cup ice.So Trudeau plopped talk of Liberal family benefits and tax cuts into his m stanley cup becher ain speeches, while Morneau and other Liberal MPs took to Twitter to humblebrag about how much more money a typical Canadian family has in its back pocket today because stanley termoska of Liberal policies. ARTICLE CONTINUES BELOW They argue that when the next federal election rolls around in the fall of 2019, a typical middle class Canadian family of four will have $2,000 more each year, compared to the pre-Trudeau era.The data comes from a recent Finance Canada report called Real Progress for Canada Middle Class. ARTICLE CONTINUES BELOW But how did they reach that statistic and is their data actually typical for a middle-class family of four Spoiler alert: The Canadian Press Baloney Me Jppj TIMELINE: Vaughan city manager gone less than a year after starting in top staff role* P7 B; ~6 C9 A: @! ?7 v( U: u0 ]
TORONTO 鈥?North American stock markets plunged midafternoon on geopolitical concerns following a report that the U.S. has approved arms shipments from Baltic NATO members to Ukraine to fend off a Russian incursion.Stock markets were on track to reverse Wednesday steep losses with the Nasdaq composite recoveri stanley flasche ng from a technical correction when everything changed around 2:15 p.m.That kind of taken the wind out of the sails of the market, said Mike Archibald, vice-president and portfolio manager with AGF Investments Inc. ARTICLE CONTINUES BELOW Amid heightened market volatility, geopolitical headlines aren ;t helping, particularly given the nervousness around just the start of the year.Clearly war isn ;t going to be good for anyone. But I think it just mostly the uncertainty around what this may mean going forward, he said in an interview. ARTICLE botella stanley CONTINUES BELOW Will the U.S. put more sanctions on Russia What is Russia response to those potential sanctions There just a high level of unknowns around the particular situation at the moment, and so I think that really just what vaso stanley kind of spooking the broader market at the moment.The SP/TSX composite index closed down 146.98 points to 21,058.18 after rising as much as about 165 points in earlier trading. |
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