There was some drama around the delivery of yesterday afternoon’s fiscal update, as two members of Chrystia Freeland’s staff tested positive for COVID, and while she had not been around them recently, she decided that the prudent course of action was to stay isolated and deliver it virtually rather than in the Chamber. She also made it clear that this was not a budget or a mini-budget, but rather a look at where the nation’s books are, and it was a rosier picture than was anticipated in the spring’s budget.
There are no significant new spending promises in this document, aside from more money being set aside for COVID supports as the omicron variant bears down on us (which includes buying millions more rapid tests for the provinces to deliver—not that most have been good at it so far), as well as the $40 billion being set aside for compensation for Indigenous children in care and to fix the system going forward, and some money to help BC recover from their recent spate of natural disasters, and to reimburse seniors faced with GIS clawbacks. There are also some dollars being put toward reducing immigration backlogs, and helping ports deal with supply-chain snarls. But otherwise, it held the line, surprising some observers who like to chide this government’s profligacy. There was a gender section that laid out in stark terms how the pandemic affected women disproportionately.
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It’s 1995 and will always be 1995… https://t.co/ebxFd1Yg4W
— Dale Smith (@journo_dale) December 14, 2021
As for opposition reaction, the Conservatives complain there’s nothing in there about inflation…which is the Bank of Canada’s job, and the only thing the federal government could do are wage and price controls. The NDP say there isn’t enough about the clawbacks in there, or not enough other support measures, but with the Bloc pretty much guaranteed to support it, they can afford to look tough in spite of being paper tigers.