Name: COVID-19。オタワは、人々のためのサポートを発表するために、コロナウイルスで打撃を受けた企業 (COVID-19: Ottawa to announce supports for people, businesses hit by coronavirus)
Uploaded: 2021-01-14T09:34:26.000Z
Duration: 21 min 12 s
Description: VoiceTubeの動画で発音を聞きながら英語表現を覚えよう！学べる英語：新型コロナウイルス,新型肺炎,COVID-19

I recognize that there are going to be significant economic impacts for Canadians, for workers, for businesses.

未来進行形

That's why we're gonna be talking very soon about measures of Canada's gonna put forward to support people on the economic side.

On the health side, would continue to act in ways recommended by the top experts by top men and medical professionals.

Coordinate with other levels of government.

Coordinate with the international community.

Do everything we can to keep ensuring that Canadians are kept.

An economic distress call is sounding, and the prime minister is promising to answer it.

CBC News has learned Tomorrow Hi there and welcome to power and politics and dashi Capello's from financial markets and oil prices to travel and trade.

The Corona virus outbreak is posing a serious threat to the global economy, including Canada.

Justin Trudeau insists measures to help those most affected are coming tomorrow.

Specifically, he'll announce supports, CBC has learned for those facing immediate pressures, with more aid for other sectors to be announced in the coming days.

My 99% of the cases that occurred last night occurred outside of China.

Here are the latest Corona virus numbers.

It'll give you an idea why so many countries air making announcements, including this one.

Nearly 114,000 cases have been confirmed worldwide.

And according to the Centers for Disease Control and Prevention in the U.

Italy is the hardest hit country outside of China.

The entire nation of 60 million people is under lock down after its death toll surpassed 600.

In response, Air Canada has suspended flights to and from Italy.

Here in Canada, there are now 80 cases of covert 19 across four provinces.

We're set to bring you live press conferences this evening from Edmonton and Victoria.

Health officials still say the risk of contracting the virus in this country remains low.

How does the government plan to protect the bottom lines of businesses, sectors and Canadians most affected by this outbreak?

Jeannie Do Chlo is the president of the Treasury Board.

He's also the vice chair of the government's special Cabinet committee on Cove it 19.

My understanding, minister, is that your government is set to announce tomorrow some support for people affected by Corona virus and provinces as well.

Can you tell us specifically what you'll be announcing in the minister of Freedom?

And myself and other members of the Cabinet Committee on the corner virus have made important recommendations today and more will be known on that in the next few days.

Well, can you give us some specifics about those recommendations?

For example, are we going to see a reduction of E I wait times an expansion of the AI program?

Well, these decisions of recommendations will, as you said, will be related to helping workers and families and businesses thrive and sustain themselves in the important events that we're currently undertaking.

So they will be designed to have go through the crisis table, re supportive of not only the health and the safety of Canadians, but also the economic security of workers and their families.

and what's announced, the will that be the totality of the government's response?

No, that will be a start because, as you know, the situation is quickly changing.

We are following every day the situation.

We're having committees committee members almost every day.

The situation is challenging for many Canadians and we'll be evolving.

Look at the situation and therefore an evolving reaction on the part of the government of Canada.

Is that fair to say the budget will be, of course, another important moment.

But as you might expect since the situation is not going to stop evolving at the budget, there will be things that we will need to keep monitoring and further policy decisions and actions to be taken as as demanded by the situation we already saw in the last quarter of a slowing ah, extreme slowing of GDP growth.

That is what is anticipated to persist, if not get worse because of Corona virus.

Is your government considering fiscal stimulus?

Well, the first let me say that we want to reassure Canadians that in Canada the health situation is under control.

This being said we won't also want to reassure Canadians of the government is very focused on the situation.

It will take every action necessary to sustain our our economic growth and to protect 1/2 and security off every Canadian wherever they may happen to live with respect.

Minister, That doesn't answer specifically the question where stimulus is concerned.

Is fiscal stimulus under consideration by your government right now?

This is investment in in Canada and in Canadians and investment that will adjust as the information in a situation evolved.

So a number of economists we've been speaking with over the past few days have talked about the type of stimulus that might be necessary and and tried to quantify it for us and what they've all sort of, Ah, come in the ballpark of us somewhere between 20 and $40 billion.

If you want stimulus to actually have in effect, it has to be about that size, given the size of of ah, of growth of GDP in this country and the size of the economy is that your assessment as well, but that that all depends on how the situation evolves Currently.

As I said earlier, and as we all know, the situation in Canada is quite different from what we see elsewhere in the world.

So the safety and the health of Canadians or protected and ensured in a manner which is quite different from other conditions across the planet.

The same thing for the economic situation.

We are the start of a possibly big in back on the curtain on the economy.

We need to be responsible and following the situation and expect the Kenyan government to react and to act as the situation demands with respect.

It's not just possible, though I take your point on the fact that it's fluid and that we don't have certainty about what is to come.

But we saw growth slow in the last quarter.

Already we've seen oil prices and therefore revenues, even if just in Alberta, not just in Alberta, rather but for the country as a whole, they're going to be impacted as well, Right Corona virus has impacted a number of of sectors of the economy and certainly the global economy and there has not been a global recession to which Canada has been totally immune.

I understand that your government hasn't made a decision on that, but is it your sense that stimulus would be required in the neighborhood of 20 to $40 billion?

And are you willing, as a government to add that much to the deficit where we're certainly able?

We have the fiscal room in the fiscal power Thio intervene and to provide the stimulus that the economy will demand.

This being said, we need to do it, but only in a fiscally responsible way but in a manner which is fully in touch with how Canadians fair and how workers and businesses thrive across Canada depends on all sorts of things.

And you're right now there are other shot that we need to take into account the price of all the fact that confidence outside of Canada is weakening the fact that supply chains are weakening as well, so we need to remind for that they will be regional considerations and also industrial consideration.

But we have the power and we have the willing the will and the ability to make a difference if a difference is needed.

The conservatives contend that your party has has laid the covered bear that though you claim the fiscal capacity exists because of the debt to GDP ratio, there is a $26 billion deficit.

Right now, we haven't even taken into account the promises that your party made during the election, which amount to quite a bit of money.

Do you really have a physical capacity for this?

Where we know and understand that the conservatives, unfortunately all trying to make political gains on the back of the health of safety of Canadians?

Objective is to build on the strong economic condition that we currently have used our of considerable fiscal room and power to invest as and when needed in the Canadians and in workers.

We can do this knowing that we have the best credit rating of all G seven countries.