Trudeau pledges tax on ‘extreme wealth inequality’ to fund Covid spending plan

PM says government will invest billions in housing, health and jobs, but dismissals from rival parties prompt election speculation

Justin Trudeau’s government has announced ambitious plans to spend billions on childcare, housing and healthcare – partly financed by taxing “extreme wealth inequality” – as Canada braces for an economically devastating second wave of coronavirus.

Related: ‘It’s like night and day’: Trudeau’s and Trump’s Covid-19 responses fuel wildly different outcomes

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