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

    Ottawa Promises New Wireless Spectrum Measures To Attract New Carriers

    Ottawa Promises New Wireless Spectrum Measures To Attract New Carriers
    VANCOUVER — The federal government has announced new details about its plans to auction off wireless spectrum as it attempts to entice new mobile carriers to enter the market and bring down prices for cellular phone users.

    Ottawa Promises New Wireless Spectrum Measures To Attract New Carriers

    Burnaby Seeks To Force Pipeline Company To Pay For Cleanup, Policing

    Burnaby Seeks To Force Pipeline Company To Pay For Cleanup, Policing
    VANCOUVER — A Vancouver-area city is asking the National Energy Board to hand Kinder Morgan a bill that could be worth more than $2 million for policing and cleanup costs after pipeline work was targeted by protesters last month.

    Burnaby Seeks To Force Pipeline Company To Pay For Cleanup, Policing

    Residents To Vote On 'Congestion' Tax To Fund Metro Vancouver Transit Upgrades

    Residents To Vote On 'Congestion' Tax To Fund Metro Vancouver Transit Upgrades
    VICTORIA — Residents of Metro Vancouver will be asked to agree to pay an extra 0.5 per cent sales tax after the province approved a plebiscite on funding major upgrades to the regional transportation network.

    Residents To Vote On 'Congestion' Tax To Fund Metro Vancouver Transit Upgrades

    B.C. Reports Call For Crime-fighting Boss, Job Training For Inmates

    B.C. Reports Call For Crime-fighting Boss, Job Training For Inmates
    VICTORIA — British Columbia needs to appoint a crime-fighting boss who can cut through provincial, municipal and social bureaucracies to build unified crime-prevention teams, say government reports released Thursday.

    B.C. Reports Call For Crime-fighting Boss, Job Training For Inmates

    B.C. Mine Inspector Gives Ok For Mount Polley Dam Rebuild After Tailings Breach

    B.C. Mine Inspector Gives Ok For Mount Polley Dam Rebuild After Tailings Breach
    VICTORIA — British Columbia's chief inspector of mines is allowing the owner of the Mount Polley mine to start repairs on the tailings pond that breached, sending a surge of mine waste and water into nearby lakes and rivers.

    B.C. Mine Inspector Gives Ok For Mount Polley Dam Rebuild After Tailings Breach

    Ghiz reiterates he won't run for the federal Liberals in 2015

    Ghiz reiterates he won't run for the federal Liberals in 2015
    QUEBEC — Prince Edward Island Premier Robert Ghiz is again ruling out running for the federal Liberals in next year's election.

    Ghiz reiterates he won't run for the federal Liberals in 2015