Close X
Tuesday, November 19, 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

    Toronto Star Decision To Scrap Website Comments Section Stirs Debate

    Toronto Star Decision To Scrap Website Comments Section Stirs Debate
    WATERLOO, Ont. — News organizations have long grumbled about the barrage of hateful rhetoric in comment sections of the day's biggest stories, but when the Toronto Star decided to kill online comments earlier this week, public feedback was swift.

    Toronto Star Decision To Scrap Website Comments Section Stirs Debate

    B.C. Court Tosses Former Gang Members' Bid To Appeal Murder Convictions

    B.C. Court Tosses Former Gang Members' Bid To Appeal Murder Convictions
    VERNON, B.C. — Three members of a former Vernon, B.C., gang have lost their bid to have murder and other convictions overturned.

    B.C. Court Tosses Former Gang Members' Bid To Appeal Murder Convictions

    B.C. Tugboat Makes Fodors List Of World's Best Cruises For 2016

    B.C. Tugboat Makes Fodors List Of World's Best Cruises For 2016
    VICTORIA — An expedition aboard a converted tugboat to B.C.'s Great Bear Rainforest is on Fodors' list of the world's best cruises for 2016.

    B.C. Tugboat Makes Fodors List Of World's Best Cruises For 2016

    Crown Wants Guy Turcotte To Serve At Least 20 Years Before Parole Eligibility

    Crown Wants Guy Turcotte To Serve At Least 20 Years Before Parole Eligibility
    SAINT-JEROME, Que. — Prosecutors want a former Quebec doctor convicted of murdering his two children to serve at least 20 years behind bars before being eligible to apply for parole.

    Crown Wants Guy Turcotte To Serve At Least 20 Years Before Parole Eligibility

    Blackberry Downplays Priv Sales As Its Third-quarter Results Beat Expectations

    Blackberry Downplays Priv Sales As Its Third-quarter Results Beat Expectations
    WATERLOO, Ont. — If BlackBerry's latest Priv smartphones are flying off shelves, the company isn't boasting about it.

    Blackberry Downplays Priv Sales As Its Third-quarter Results Beat Expectations

    Richard Suter, Edmonton Man Gets 4 Months For Failing To Provide Breath Sample In Child's Death

    Richard Suter, Edmonton Man Gets 4 Months For Failing To Provide Breath Sample In Child's Death
    Richard Suter, a 65-year-old retired businessman, had pleaded guilty to failing to provide a breath sample in a death — a relatively new criminal offence that carries a maximum life sentence.

    Richard Suter, Edmonton Man Gets 4 Months For Failing To Provide Breath Sample In Child's Death