Fiscal snapshot response: Perrin Beatty on BNN Bloomberg

Canadian Chamber of Commerce President and CEO Perrin Beatty appeared on BNN Bloomberg to provide commentary in response to the federal government’s fiscal snapshot, which was released on July 8, 2020.

The snapshot includes a projected deficit this year of $343 billion and a debt-to-GDP ratio of 49.1%. Following the release, the Canadian Chamber made it clear that Canada needs a plan to restore private sector growth, starting with a tailored strategy and a timetable for safely reopening that will allow businesses and families alike to plan. Read the Canadian Chamber’s full statement here.