Close X
Wednesday, January 15, 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

    Pilot Hospitalized After Cessna Crashes At Airport In B.C.'s Fraser Valley

    Pilot Hospitalized After Cessna Crashes At Airport In B.C.'s Fraser Valley
    PITT MEADOWS, B.C. — Emergency responders say the crash of a Cessna airplane at an airport in British Columbia's Fraser Valley has sent the pilot to hospital.

    Pilot Hospitalized After Cessna Crashes At Airport In B.C.'s Fraser Valley

    Man Accused Of Attacking B.C. Doctor Faces Psychiatric Assessment

    Man Accused Of Attacking B.C. Doctor Faces Psychiatric Assessment
    The man accused of attacking a doctor in the psychiatric ward at the hospital in Penticton, B.C., will undergo a mental-health assessment to determine if he can be held criminally responsible for his alleged actions.

    Man Accused Of Attacking B.C. Doctor Faces Psychiatric Assessment

    Firefighters Free Vancouver Island Man Trapped In Home Destroyed By Mudslide

    Firefighters Free Vancouver Island Man Trapped In Home Destroyed By Mudslide
    NANAIMO, B.C. — Firefighters on central Vancouver Island had to use chainsaws to free a man trapped inside his home that was partially buried by a mudslide.

    Firefighters Free Vancouver Island Man Trapped In Home Destroyed By Mudslide

    Lululemon Q3 Profit Falls Less Than Expected But Guidance Short Of Estimate

    Lululemon Q3 Profit Falls Less Than Expected But Guidance Short Of Estimate
    The Vancouver-based clothing company's net income was 42 cents US per share, down from 46 cents per share a year earlier.

    Lululemon Q3 Profit Falls Less Than Expected But Guidance Short Of Estimate

    Family Emphasized In New Foster Care Class Urged By B.C. Child Advocate

    Family Emphasized In New Foster Care Class Urged By B.C. Child Advocate
    When the foster father of a teenager tormented by imaginary voices became too anxious for the safety of his own children, British Columbia's children's ministry approved his plan to move the youth to a rental unit he paid someone else to staff.

    Family Emphasized In New Foster Care Class Urged By B.C. Child Advocate

    Wynne asks Harper for first face-to-face meeting in more than a year

    Wynne asks Harper for first face-to-face meeting in more than a year
    TORONTO — Ontario Premier Kathleen Wynne has sent a letter to the prime minister, asking for their first face-to-face meeting in more than a year.

    Wynne asks Harper for first face-to-face meeting in more than a year