Close X
Monday, January 13, 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 who helped ducks on side of Montreal-area highway gets 90-day prison term

    Woman who helped ducks on side of Montreal-area highway gets 90-day prison term
    MONTREAL — A woman who caused a fatal traffic accident after stopping her car to help ducks on a busy highway has been sentenced to 90 days in prison.

    Woman who helped ducks on side of Montreal-area highway gets 90-day prison term

    Toronto Eaton Centre shooter found guilty of second-degree murder

    Toronto Eaton Centre shooter found guilty of second-degree murder
    TORONTO — A man accused in a shooting which sparked pandemonium at Toronto's landmark Eaton Centre was found guilty Wednesday of second-degree murder in the deaths of two men who were killed at the popular downtown mall two years ago.

    Toronto Eaton Centre shooter found guilty of second-degree murder

    Funeral Service Held For 8-year-old Teagan Batstone Found Dead In Trunk Of Car in Surrey

    Funeral Service Held For 8-year-old Teagan Batstone Found Dead In Trunk Of Car in Surrey
    WHITE ROCK, B.C. — A Metro Vancouver community has gathered to say goodbye to an eight-year-old girl who was found dead in the trunk of a car.

    Funeral Service Held For 8-year-old Teagan Batstone Found Dead In Trunk Of Car in Surrey

    Peladeau likely to dominate Quebec politics in 2015 with PQ leadership run

    Peladeau likely to dominate Quebec politics in 2015 with PQ leadership run
    MONTREAL — Quebec media mogul Pierre Karl Peladeau's journey to become the father of a country begins in earnest in 2015.

    Peladeau likely to dominate Quebec politics in 2015 with PQ leadership run

    B.C. Man Accused Of Attacking Three Women Facing Multiple Charges

    B.C. Man Accused Of Attacking Three Women Facing Multiple Charges
    PORT COQUITLAM, B.C. — A B.C. man is facing multiple charges for allegedly attacking three women, stealing a purse and vehicle and showing up at one victim's home with a firearm.

    B.C. Man Accused Of Attacking Three Women Facing Multiple Charges

    CF-18s hit targets as Kurds launch offensive to break Sinjar mountain siege

    CF-18s hit targets as Kurds launch offensive to break Sinjar mountain siege
    OTTAWA — Canadian warplanes have been in action in Iraq once again, bombing enemy targets ahead of Kurdish Peshmerga forces who are pushing to break the siege in the Sinjar mountains.

    CF-18s hit targets as Kurds launch offensive to break Sinjar mountain siege