Canadian Prime Minister Justin Trudeau has spoken to the heads of the country's six big banks to get their views on the state of the economy and the COVID-19 relief efforts, the Globe and Mail reported on May 24, citing multiple sources.


                                             Canadian Prime Minister Justin Trudeau.

This was Trudeau's first one-on-one dialogue with the CEOs since the beginning of the coronavirus outbreak, according to the report, which added that the calls took place around the Victoria Day long weekend.

The topics covered included adjustments required in relief efforts rolled out by the government, need for further support and pressures faced by clients of the banks, the report said, adding that the talks were 'high-level check-ins rather than deep policy discussions'.

Source: Reuters

Related Topics


World News in Brief: July 29

Britain has signed a deal for up to 60 million doses of a possible COVID-19 vaccine being developed by Sanofi and GlaxoSmithKline, it said on Wednesday (July 29), its fourth such arrangement as the race to tame the pandemic heats up. No vaccine has yet been approved for COVID-19, the respiratory disease caused by the new coronavirus that has killed more than 659,000 people and unleashed economic havoc worldwide.

Russia does not seek to rejoin G7: Kremlin

Russia has no plan to rejoin the Group of Seven given its satisfaction with the Group of 20, the Kremlin said Monday (July 27).

Vietnam enjoys great benefit from ASEAN membership: Deputy FM

Becoming a member of the Association of Southeast Asian Nations (ASEAN) has brought about great benefits to Vietnam in various fields, according to Deputy Foreign Minister Nguyen Quoc Dung.

French Finance Minister: EU summit deal marks birth of a new Europe

The European Union's deal on a massive, economic stimulus plan marks the birth of a new Europe, French Finance Minister Bruno Le Maire told France Info radio on Tuesday (July 21).

World News in Brief: July 16

Cambodia on Thursday (July 16) confirmed one more case of COVID-19, bringing the total number of infections in the country to 166, said a Health Ministry's statement. The Southeast Asian country has recorded a total of 166 confirmed COVID-19 cases to date, with 133 patients cured and 33 remained hospitalized.

China: Major rivers, lakes see surging water levels

Major rivers and lakes in China have seen their water levels rise due to continuous downpours, local authorities said on Sunday (July 12).