Close X
Monday, November 18, 2024
ADVT 
National

Experts, Lobbyists Begin Pre-budget Testimony Before Finance Committee

Darpan News Desk The Canadian Press, 16 Feb, 2016 11:06 AM
    OTTAWA — A four-day blitz of advice from lobbyists and experts on the upcoming federal budget begins today before a parliamentary committee.
     
    But the struggling economy is expected to take centre stage as the Liberal government prepares its first budget, which is expected late next month.
     
    Stubbornly low commodity prices are expected to carve billions from the government's bottom line, putting significant pressure on Ottawa as it listens to pre-budget requests from some 90 interest groups.
     
    Prime Minister Justin Trudeau recently acknowledged the 2016-17 deficit would exceed his promised cap of $10 billion.
     
    Trudeau has also cast doubt on the government's election vow to balance the books in four years.
     
    Conservative finance critic Lisa Raitt is raising doubts about the wisdom of letting the deficit grow in such a fragile economy.
     
    Members of the House of Commons finance committee have noted the compressed consultation process won't be as complete as in past years due to the brief window before the budget. But several have said it will at least put the recommendations on the public record.
     
    Finance Minister Bill Morneau won't appear before the committee Thursday as planned, but will instead deliver a pre-budget presentation next Tuesday, said Liberal committee chair Wayne Easter.
     
    The format is designed to leave enough time for officials to write and translate a report on the hearings before the budget's release.
     
    The committee usually hears from experts and lobby groups in the months leading up to the budget.

    MORE National ARTICLES

    The Tie That Binds: Mother Of Missing Manitoba Man Starts Awareness Campaign

    The Tie That Binds: Mother Of Missing Manitoba Man Starts Awareness Campaign
    Colten Pratt, who is 26, has been missing since November 2014 and Lydia Daniels has spent the last year trying to find him.

    The Tie That Binds: Mother Of Missing Manitoba Man Starts Awareness Campaign

    Ice Jams Prompt Flooding Concerns For Homeowners Near Smithers, B.C.

    Ice Jams Prompt Flooding Concerns For Homeowners Near Smithers, B.C.
    Regional District of Bulkley-Nechako chairman Bill Miller says ice has backed up along the Bulkley River, causing water to rise and seep into basements and crawl spaces of some nearby homes.

    Ice Jams Prompt Flooding Concerns For Homeowners Near Smithers, B.C.

    B.C. Seniors Urged To Learn If They Qualify For Medical Services Plan Subsidy

    B.C. Seniors Urged To Learn If They Qualify For Medical Services Plan Subsidy
    Isobel Mackenzie says seniors could be eligible for full or partial payments but most are unaware of the available help.

    B.C. Seniors Urged To Learn If They Qualify For Medical Services Plan Subsidy

    Slumping Loonie Could Add $3.5 Billion To Cost Of Windsor-Detroit Bridge, Trudeau Told

    Slumping Loonie Could Add $3.5 Billion To Cost Of Windsor-Detroit Bridge, Trudeau Told
    OTTAWA — The federal Liberal government will need to find $3.5 billion more to pay for a new bridge at the bustling border crossing between Canada and the United States.

    Slumping Loonie Could Add $3.5 Billion To Cost Of Windsor-Detroit Bridge, Trudeau Told

    Alberta Judge Calls For Better Gun Licence Screening In Wake Of Fatal RCMP Shooting

    Alberta Judge Calls For Better Gun Licence Screening In Wake Of Fatal RCMP Shooting
    Corey Lewis, who was 39, was shot outside his Okotoks home on July 2010 after a standoff with a Mountie tactical team.

    Alberta Judge Calls For Better Gun Licence Screening In Wake Of Fatal RCMP Shooting

    B.C. Hydro Orders Protesters Off Land Slated For Logging Near Site C Dam

    B.C. Hydro Orders Protesters Off Land Slated For Logging Near Site C Dam
      The notice was issued Dec. 31, giving demonstrators 24 hours to leave the Rocky Mountain Fort area on the south bank of the river, just a few kilometres south of Fort St. John.

    B.C. Hydro Orders Protesters Off Land Slated For Logging Near Site C Dam