Finance minister speaking with media
- doesn't comment on if Canada deficits will increase
- we have a strong fiscal position to support people
- Canada in good fiscal position to face covid-19
- some sectors of economy will be hit hard
- we'll deal with challenges as they arise
- you'll see some gov't measures this week
- gov't is working on responses right now
- Canada has fiscal capacity to help economy
- been in touch with business leaders, lawmakers
- gov't has very strong fiscal position
Headlines via Bloomberg, bolding mine.
More:
- fiscal policy is critically important
- will announce budget date soon
