Close X
Friday, November 15, 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

    Yukon Government Does U-Turn On 'We All Need the D,' Campaign That Had Social Media Howling

    Yukon Government Does U-Turn On 'We All Need the D,' Campaign That Had Social Media Howling
    The department of Health and Social Services recently rolled out a campaign exhorting residence of the sun-deprived territory to ensure they're getting enough vitamin D.

    Yukon Government Does U-Turn On 'We All Need the D,' Campaign That Had Social Media Howling

    Man Found With US$100,000 In Cash In Toronto Loses Money To Government As Crime Proceeds

    Man Found With US$100,000 In Cash In Toronto Loses Money To Government As Crime Proceeds
    A man caught with more than US$100,000 cash in his backback as he attempted to leave Canada for Panama City lost his bid on Monday to have the seized money returned.

    Man Found With US$100,000 In Cash In Toronto Loses Money To Government As Crime Proceeds

    Pipelines: Justin Trudeau Says His Job Is To Bring People Together

    Pipelines:  Justin Trudeau Says His Job Is To Bring People Together
    Trudeau met with Denis Coderre for 45 minutes Tuesday to discuss a range of issues including the recent decision by the Montreal mayor and the organization that represents area municipalities to reject the 4,600-kilometre pipeline.

    Pipelines: Justin Trudeau Says His Job Is To Bring People Together

    Just Months After Tying Knot, Quebec Power Couple Pierre Karl Peladeau And Julie Snyder Split Up

    Just Months After Tying Knot,  Quebec Power Couple Pierre Karl Peladeau And Julie Snyder Split Up
    In a statement late Monday, the Parti Quebecois leader and Snyder, a television host and producer, said they have split and entered a mediation process.

    Just Months After Tying Knot, Quebec Power Couple Pierre Karl Peladeau And Julie Snyder Split Up

    Building Bridge Between Nanaimo, B.C., Gabriola Island Too Costly: Province

    Building Bridge Between Nanaimo, B.C., Gabriola Island Too Costly: Province
    Possible road and bridge options in the report ranged in cost from $258 million to $520 million, with the average project cost estimated at $359 million.

    Building Bridge Between Nanaimo, B.C., Gabriola Island Too Costly: Province

    Simon Fraser University Creates Memorial For Residential School Students

    Simon Fraser University Creates Memorial For Residential School Students
    A release from the university says the memorial will be part of the Faculty of Education's new Aboriginal Gathering Place.

    Simon Fraser University Creates Memorial For Residential School Students