Close X
Wednesday, November 13, 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

    TSX, Loonie Soar As Oil Prices Rebound; U.S. Indexes Mixed

    TSX, Loonie Soar As Oil Prices Rebound; U.S. Indexes Mixed
    TORONTO — The Canadian dollar soared to its biggest one-day gain in nearly four years  Wednesday as volatile oil prices turned sharply higher and the Toronto stock market posted a triple-digit gain.

    TSX, Loonie Soar As Oil Prices Rebound; U.S. Indexes Mixed

    Crown Continues To Build Case Against Two Accused In Killing Of Hamilton Man Tim Bosma

    HAMILTON — The Crown is expected to continue building its case in a Hamilton court today with testimony connecting the events that led to two men being charged with murder in the death of Tim Bosma.

    Crown Continues To Build Case Against Two Accused In Killing Of Hamilton Man Tim Bosma

    End Of Great Bear Rainforest Grizzly Hunt To Cost First Nations Millions

    End Of Great Bear Rainforest Grizzly Hunt To Cost First Nations Millions
    Premier Christy Clark announced a landmark deal earlier this week to limit logging and end the commercial grizzly hunt on the central coast, which is home to rare, white spirit bears and 1000-year-old cedar forests.

    End Of Great Bear Rainforest Grizzly Hunt To Cost First Nations Millions

    Winnipeg School Bus Driver Loses Job After Relieving Himself In Public

    Winnipeg School Bus Driver Loses Job After Relieving Himself In Public
    A woman called First Student Canada in early January after she saw the driver repeatedly urinating in public.

    Winnipeg School Bus Driver Loses Job After Relieving Himself In Public

    Manitoba Crash Victim Who Crawled Up Snowbank To Save Daughter Loses Feet To Frostbite

    Manitoba Crash Victim Who Crawled Up Snowbank To Save Daughter Loses Feet To Frostbite
    Kristen Hiebert and four-year-old Avery were going home last month when their car slid off a rural highway near a bridge and rolled down a steep slope to the frozen Souris River.

    Manitoba Crash Victim Who Crawled Up Snowbank To Save Daughter Loses Feet To Frostbite

    B.C. Man Faces Cruelty Charges Again After 29 Animals Are Seized

    B.C. Man Faces Cruelty Charges Again After 29 Animals Are Seized
    WINLAW, B.C. — The SPCA has seized more than two dozen animals from a Winlaw-area farm in the Slocan Valley.

    B.C. Man Faces Cruelty Charges Again After 29 Animals Are Seized