Close X
Thursday, January 16, 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

    Newfoundland and Labrador premier reconsidering support of EU trade deal

    Newfoundland and Labrador premier reconsidering support of EU trade deal
    ST. JOHN'S, N.L. — The premier of Newfoundland and Labrador says he is reconsidering support of Canada's free trade deal with Europe because the federal government is adding new conditions to a promised fishery fund for his province.

    Newfoundland and Labrador premier reconsidering support of EU trade deal

    Assembly of First Nations honours Rinelle Harper who calls for national inquiry

    Assembly of First Nations honours Rinelle Harper who calls for national inquiry
    WINNIPEG — A teenage girl who was viciously assaulted and left for dead last month has added her voice to the call for a national inquiry into missing and murdered aboriginal women.

    Assembly of First Nations honours Rinelle Harper who calls for national inquiry

    Calgary man accused of murdering his missing spouse makes brief court appearance

    Calgary man accused of murdering his missing spouse makes brief court appearance
    CALGARY — A Calgary man charged in the murder of his missing spouse after police found human remains in his house has made a brief court appearance.

    Calgary man accused of murdering his missing spouse makes brief court appearance

    Assembly of First Nations meeting honours Manitoba teen who was assaulted

    Assembly of First Nations meeting honours Manitoba teen who was assaulted
    WINNIPEG — A three-day meeting of the Assembly of First Nations begins this morning with a special ceremony to honour Rinelle Harper.

    Assembly of First Nations meeting honours Manitoba teen who was assaulted

    Ottawa asked to lift cap on immigrants Alberta can nominate for permanent jobs

    Ottawa asked to lift cap on immigrants Alberta can nominate for permanent jobs
    EDMONTON — Alberta wants the federal government to lift the lid on the number of economic immigrants it can nominate each year for permanent residence so it can better meet its growing labour needs.

    Ottawa asked to lift cap on immigrants Alberta can nominate for permanent jobs

    Man facing terrorism-related charges in Quebec has case put off until Thursday

    Man facing terrorism-related charges in Quebec has case put off until Thursday
    MONTREAL — A man arrested by Quebec provincial police over an alleged terrorism-related Facebook post had his case delayed until Thursday.

    Man facing terrorism-related charges in Quebec has case put off until Thursday