Close X
Monday, September 23, 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 Dad Who Starved, Drowned Teen Found Charred In Suitcase Gets Life

    Toronto Dad Who Starved, Drowned Teen Found Charred In Suitcase Gets Life
    Everton Biddersingh, 60, of Toronto, had little to say before Superior Court Justice Al O'Marra handed down the punishment for the "horrible" crime.

    Toronto Dad Who Starved, Drowned Teen Found Charred In Suitcase Gets Life

    Snow Day With No Snow Launches Annual Tradition Of Mocking School Boards

    Snow Day With No Snow Launches Annual Tradition Of Mocking School Boards
    FREDERICTON — If there's a lesson for school districts to learn about whether to declare a storm day, it's that most people will likely call it the wrong decision.

    Snow Day With No Snow Launches Annual Tradition Of Mocking School Boards

    Indigenous Affairs Minister Hears Anger, Cynicism From Families Of Murdered Women

    Indigenous Affairs Minister Carolyn Bennett met with the families of missing and murdered aboriginal women in Winnipeg on Monday and said she noticed a different tone from similar meetings in other cities.

    Indigenous Affairs Minister Hears Anger, Cynicism From Families Of Murdered Women

    Christy Clark Says Canada Depending On B.C. For Growth As Political Climate Heats Up

    Premier Christy Clark says her government is returning to the legislature determined to stick to its big-picture goals of pursuing a liquefied natural gas industry and completing the $9-billion Site C hydroelectric dam.

    Christy Clark Says Canada Depending On B.C. For Growth As Political Climate Heats Up

    Some Metro Vancouver Real Estate Agents Insider Trading And Helping To Money Launder: NDP

    NDP housing critic David Eby alleges some realtors have been avoiding property transfer and capital gains taxes while exploiting a clause in contracts that allows for a series of home flips.

    Some Metro Vancouver Real Estate Agents Insider Trading And Helping To Money Launder: NDP

    Uber Drive: Edmonton May Be Template For Legalizing Ride Sharing In Other Cities

    Uber Drive: Edmonton May Be Template For Legalizing Ride Sharing In Other Cities
    Cab drivers in Edmonton protested for months at city hall, some of them pulling off their shirts, as councillors debated whether to pass a new bylaw legalizing ride-sharing companies such as Uber.

    Uber Drive: Edmonton May Be Template For Legalizing Ride Sharing In Other Cities