Close X
Sunday, January 12, 2025
ADVT 
National

Keep running deficits until economy stabilizes? Trudeau dodges question

Darpan News Desk The Canadian Press, 21 Jan, 2015 10:55 AM

    LONDON, Ont. — Justin Trudeau refuses to say if he thinks the federal government should abandon its commitment to a balanced budget given the economic turmoil caused by plunging oil prices.

    The Liberal leader says the Bank of Canada's surprise interest rate cut is further proof that Prime Minister Stephen Harper's government is on the wrong economic track.

    He says the government's priority should be on spurring economic growth and creating jobs — not delivering a $2.4-billion tax cut to the country's wealthiest families.

    Some economists say the Conservative government should be investing in things like infrastructure to encourage growth and give up its fixation on balancing the 2015-16 budget after six years of deficits.

    But Trudeau isn't going that far.

    He dodges the question when asked if it makes more economic sense to continue running a small deficit until the economy stabilizes.

    MORE National ARTICLES

    Woman saved by pig liver 20 years ago reunites with medical team

    Woman saved by pig liver 20 years ago reunites with medical team
    MONTREAL — Mavis McArdle says she doesn't feel weird at all that a pig's liver helped save her life.

    Woman saved by pig liver 20 years ago reunites with medical team

    Regina high school exchanges Redmen nickname for Bears after consulting elders

    Regina high school exchanges Redmen nickname for Bears after consulting elders
    REGINA — A Regina high school has a new name.

    Regina high school exchanges Redmen nickname for Bears after consulting elders

    Vancouver School Board Calls on BC Government to Support Graduated Adults

    Vancouver School Board Calls on BC Government to Support Graduated Adults
    Vancouver, BC – Earlier this week the Vancouver School Board passed a motion calling on the BC Government to immediately reverse the announced cuts to BC school districts for graduated adults who plan to upgrade their courses. 

    Vancouver School Board Calls on BC Government to Support Graduated Adults

    Obama on whether he'd consider Republican Keystone bill: 'I'll see what they do'

    Obama on whether he'd consider Republican Keystone bill: 'I'll see what they do'
    WASHINGTON — U.S. President Barack Obama spent five minutes today disparaging the potential benefits of the Keystone XL pipeline project. He then kept it alive with five words.

    Obama on whether he'd consider Republican Keystone bill: 'I'll see what they do'

    Russians face oil-sector sanctions, new travel restrictions, over Ukraine

    Russians face oil-sector sanctions, new travel restrictions, over Ukraine
    OTTAWA — Canada has once again imposed new sanctions against Russia in response to its incursions into Ukraine.

    Russians face oil-sector sanctions, new travel restrictions, over Ukraine

    Canada sending HMCS Fredericton to Mediterranean Sea over Ukraine crisis

    Canada sending HMCS Fredericton to Mediterranean Sea over Ukraine crisis
    HALIFAX — Canada is sending another one of its frigates to help a NATO maritime force aiming to provide reassurance to eastern European allies that are jittery over the crisis in Ukraine.

    Canada sending HMCS Fredericton to Mediterranean Sea over Ukraine crisis