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

    Top judge said naming courthouse for Danny Williams was inappropriate

    Top judge said naming courthouse for Danny Williams was inappropriate
    ST. JOHN'S, N.L. — A top Newfoundland and Labrador judge raised concerns before a new courthouse was named after former premier Danny Williams, saying the move was inappropriate.

    Top judge said naming courthouse for Danny Williams was inappropriate

    B.C. Poultry Infected With Avian Flu Virus Never Before Seen In North America

    B.C. Poultry Infected With Avian Flu Virus Never Before Seen In North America
    VANCOUVER — Scientists say an avian flu virus that has resulted in the destruction of nearly 250,000 birds in British Columbia is affecting poultry in North America for the first time.

    B.C. Poultry Infected With Avian Flu Virus Never Before Seen In North America

    Saskatchewan senator apologizes for 'white man' comment directed at MP

    Saskatchewan senator apologizes for 'white man' comment directed at MP
    LA RONGE, Sask. — Senator Lillian Dyck is apologizing for suggesting an aboriginal Conservative MP from northern Saskatchewan was behaving like a "white man" during a debate in the Senate earlier this month.

    Saskatchewan senator apologizes for 'white man' comment directed at MP

    No bail hearing for Winnipeg woman accused of hiding dead babies in storage unit

    No bail hearing for Winnipeg woman accused of hiding dead babies in storage unit
    WINNIPEG — A woman accused of hiding the remains of six infants in a Winnipeg storage locker could spend the holidays behind bars after her bail hearing was delayed yet again.

    No bail hearing for Winnipeg woman accused of hiding dead babies in storage unit

    Lower gas prices help slow inflation rate to 2.0 per cent: Statistics Canada

    Lower gas prices help slow inflation rate to 2.0 per cent: Statistics Canada
    OTTAWA — A big drop in pump prices helped slow Canada's annual inflation rate last month to 2.0 per cent as it offset rising costs of other goods, says Statistics Canada.

    Lower gas prices help slow inflation rate to 2.0 per cent: Statistics Canada

    In Cuba, prisoner swap overshadows historic restoration of relations with U.S.

    In Cuba, prisoner swap overshadows historic restoration of relations with U.S.
    Amazingly, the restoration of diplomatic relations with the United States and the sea of potential consequences that opens up appeared not to be the biggest news story in Cuba.

    In Cuba, prisoner swap overshadows historic restoration of relations with U.S.