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

    Quebec provincial police say man faces terrorism-related charges

    Quebec provincial police say man faces terrorism-related charges
    MONTREAL — Quebec provincial police say they've arrested a man on terrorism-related charges.

    Quebec provincial police say man faces terrorism-related charges

    Ex-Quebec lieutenant-governor Lise Thibault pleads guilty to fraud-related charges

    Ex-Quebec lieutenant-governor Lise Thibault pleads guilty to fraud-related charges
    QUEBEC — Former Quebec lieutenant-governor Lise Thibault has pleaded guilty to charges of fraud and breach of trust.

    Ex-Quebec lieutenant-governor Lise Thibault pleads guilty to fraud-related charges

    Canadian Embassy in Cairo closed for the day over security worries

    Canadian Embassy in Cairo closed for the day over security worries
    CAIRO — The Canadian Embassy in Cairo has been closed amid security concerns, one day after the British Embassy suspended its services because of safety worries.

    Canadian Embassy in Cairo closed for the day over security worries

    Sandwich snafu sends serpent sailing over Tim Hortons counter

    SASKATOON — Two men are facing mischief charges after a sandwich order sent them into a hissy fit at a Tim Hortons restaurant in Saskatoon.

    Sandwich snafu sends serpent sailing over Tim Hortons counter

    Man who says he caused peace officer's death not criminally responsible: defence

    Man who says he caused peace officer's death not criminally responsible: defence
    CALGARY — A man charged with murdering an Alberta peace officer more than two years ago has admitted he caused the man's death.

    Man who says he caused peace officer's death not criminally responsible: defence

    B.C. government limits coverage of blood glucose test strips for diabetics

    B.C. government limits coverage of blood glucose test strips for diabetics
    B.C. is imposing yearly limits on tools used by diabetics to test their blood sugar levels.

    B.C. government limits coverage of blood glucose test strips for diabetics