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The high price of a plague

Winnipeg Free Press The high price of a plague In contrast to the tax-cutting, debt-averse budget Manitobans got last week, Prime Minister Justin Trudeau is likely going to run up a hefty bill to pay for his pandemic-fuelled social and economic rebuild By: Tom Brodbeck and Larry Kusch | Posted: 7:00 PM CDT Friday, Apr. 16, 2021 Big government is having a moment. As countries come to grips with the ongoing economic fallout of a global pandemic, federal governments here and elsewhere are looking to go big. As in bigger stimulus and recovery packages, bigger deficits, bigger expansion of national programming. Across the border, President Joe Biden recently unveiled the second-largest stimulus bill in U.S. history and has launched a multitrillion-dollar infrastructure plan in the hopes of getting the economy back on track.

How Manitoba can recover from financial impact of COVID-19

Posted: Apr 06, 2021 5:00 AM CT | Last Updated: April 6 Manitoba s Progressive Conservative government is scheduled to deliver its 2021 budget at the Legislature on Wednesday.(Gary Solilak/CBC) This column is an opinion by Shiu-Yik Au, an assistant professor of finance with the University of Manitoba s Asper School of Business and a member of the Manitoba Progressive Conservative Party. There is an ongoing debate between political leaders over how to best deal with the latter half of the pandemic.  The Manitoba government appears to be pursuing a cautious combination of spending and saving. It is forecasting a deficit of $1.6 billion for the 2021-2022 fiscal year  down approximately $400 million from the previous year. 

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