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

    Police say exact cause of fire at seniors' home likely won't ever be known

    Police say exact cause of fire at seniors' home likely won't ever be known
    RIVIERE DU LOUP, Que. — The exact cause of the fire at a Quebec seniors' home last January that killed 32 people will likely never be known, a coroner's inquest into the tragedy heard Thursday.

    Police say exact cause of fire at seniors' home likely won't ever be known

    Rare White Kermode Bear Will Get New Kamloops, B.C., Home This Spring

    Rare White Kermode Bear Will Get New Kamloops, B.C., Home This Spring
    KAMLOOPS, B.C. — A rare, white kermode bear will have a new home in Kamloops, B.C., waiting when he wakes up from hibernation this spring.

    Rare White Kermode Bear Will Get New Kamloops, B.C., Home This Spring

    Richard Henry Bain denied bail in Quebec's 2012 election shooting

    Richard Henry Bain denied bail in Quebec's 2012 election shooting
    MONTREAL — The accused in Quebec's 2012 election shooting has been denied bail and it appears his murder trial scheduled for early next year may be delayed.

    Richard Henry Bain denied bail in Quebec's 2012 election shooting

    Feroz Buksh, Accused Store Robber With Imitation Gun Cries For Hot Food, Money For Bill

    Feroz Buksh, Accused Store Robber With Imitation Gun Cries For Hot Food, Money For Bill
    KAMLOOPS, B.C. — A man who broke down in tears while robbing a store told a clerk he needed hot food, cigarettes and money to pay bills, court has heard.

    Feroz Buksh, Accused Store Robber With Imitation Gun Cries For Hot Food, Money For Bill

    Jurors at Luka Rocco Magnotta trial into fourth day of deliberations

    Jurors at Luka Rocco Magnotta trial into fourth day of deliberations
    MONTREAL — Jurors at Luka Rocco Magnotta's murder trial are into their fourth day of deliberations.

    Jurors at Luka Rocco Magnotta trial into fourth day of deliberations

    Protesters demand male dentistry students be expelled over sexist Facebook posts

    Protesters demand male dentistry students be expelled over sexist Facebook posts
    HALIFAX — Hundreds of people marched in silence to the office of Dalhousie University's president to demand the expulsion of dentistry students accused of posting misogynistic messages online.

    Protesters demand male dentistry students be expelled over sexist Facebook posts