Canadian News Aug 4, 2020 4:42 PM EST

Trudeau government introduces $71 billion program amid spiralling debt

The Trudeau government is set to introduce another pandemic program that will support those who were previously self-employed and uninsured.

Trudeau government introduces $71 billion program amid spiralling debt
Nico Johnson Montreal, QC
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The Trudeau government is set to introduce another pandemic program that will support those who were previously self-employed and uninsured.

This program will cost the Canadian taxpayer over $71 billion  and will expire in early October, according to Blacklock's Reporter.

Canada's CERB program, which has cost the federal government an unprecedented amount of money, is set to expire in the fall. "The CERB has served its purpose," said a Trudeau cabinet minister.

"The reason it was created is no longer the main focus of our efforts as a government to support workers. We’re transitioning to another type of support as we transition back to a full, thriving economy," continued the minister.

The prime minister's CERB program has contributed towards an unprecedented level of debt in Canada. The federal debt is expected to reach an eye-watering $1 trillion; as soon as a Canadian is born, they owe $22,000.

Trudeau's Canada spent more money in seven weeks than in the entirety of the Second World War. "Yes, we can afford this," said a Liberal MP earlier in the pandemic.

As a result of all this, it is uncertain whether the government can continue to spend money at its current pace.

Speaking about the government's new program, Trudeau's minister of employment said that "we will have more details to share about how people will be able to access these new supports in the coming weeks."

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