Spend $51B On Debt Warning

New $2,000-a month pandemic benefits for jobless workers will be paid by October 19 after the Senate approved a $51.2 billion relief bill. Senators questioned the Prime Minister’s assurance that Parliament took on debt so Canadians didn’t have to: “What does that even mean?”

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$236B Risk Is Anyone’s Guess

Taxpayers cannot be sure of risks in a quarter-trillion in pandemic loans backed by Crown corporations, says the Parliamentary Budget Office. Even MPs are unable to get details of public exposure to bad loans, said analysts: “Canadians need better information.”

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Senators Seek CBC Hearings

Conservative senators seek hearings on declining audience numbers for the CBC. As few as 232,000 Canadians watch the network’s flagship 6 pm local newscasts: ‘The number of viewers is declining despite increased funding with taxpayer dollars.’

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Threatened By Green Protests

The Treasury Board in an internal report lists environmental protestors as federal security threats. The Board yesterday did not comment on the document that listed peaceful demonstrations alongside a 2014 gun attack on Parliament as proof the country is “not immune to security threats”.

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‘Is It Because I’m A Woman?’

The Privy Council Office and Department of Foreign Affairs last night would not comment on claims they undermined a bid for a Geneva appointment by the only Canadian applying for it. “Is it because I am a woman, a racialized woman at that?” asked Senator Salma Ataullahjan (Ont.).

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Fed Debt Now $1.45 Trillion

The federal debt will reach an unprecedented $1.45 trillion this year and eclipse $1.6 trillion by 2023, the Parliamentary Budget Office said yesterday. Analysts cautioned the record debt does not include pension liabilities, Crown corporation borrowing or new spending proposed since September 1: “What will the pain for Canadians be after this?”

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Bankers Not Much Help: MP

Canadian banks that benefited from federal aid are not pulling their weight, the Liberal chair of the Commons finance committee said yesterday. MP Wayne Easter (Malpeque, P.E.I.) called for tighter federal scrutiny of mortgage deferrals that saw banks compound interest on borrowers: “Taxpayers have basically backed the big banks.”

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