Morneau: Canada Monitoring Housing to Ensure Stability

The video discusses the upcoming federal budget, highlighting that it will likely be a continuation of last year's budget due to limited fiscal capacity. Concerns are raised about infrastructure spending delays and potential higher deficits. The housing market is in a wait-and-see mode, with no immediate new measures. The video also touches on US-Canada trade relations, particularly the potential impact of a US border tax, emphasizing Canada's hope to avoid being targeted.

What is the main focus of the upcoming federal budget as discussed in the video?

• Increasing fiscal stimulus

• Reducing infrastructure spending

• Continuing the previous year's budget

• Introducing new tax measures

What is the government's stance on the housing market according to the finance minister?

• Implementing new measures immediately

• Adopting a 'wait and see' approach

• Reducing risk consultations with banks

• Increasing housing market regulations

What is the political implication of the government's deficits as discussed?

• The deficits are not a concern for any political party

• The deficits provide political cover for the government

• The deficits are leading to increased popularity for the Liberals

• The Conservatives are supportive of the deficits

What is the concern regarding the U.S. border tax as mentioned in the video?

• The tax will lead to job losses in the U.S.

• Canada will benefit from the tax

• The tax will only affect Mexico

• Canada might be included in the 'America First' policy

What is the hope for Canada in relation to the U.S. border tax?

• That the tax will only affect European countries

• That Canada will be the main target

• That Canada will not be targeted if jobs are not moving from the U.S.

• That Canada will impose its own border tax