Close X
Friday, January 10, 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

    Five of six members of Nutrition North advisory board are Conservative donors

    Five of six members of Nutrition North advisory board are Conservative donors
    OTTAWA — Public records show the board that advises the federal cabinet minister in charge of the Nutrition North food subsidy program is almost entirely made up of Conservative donors.

    Five of six members of Nutrition North advisory board are Conservative donors

    Stab Wounds, Not House Fire Claimed Life Of One Three Killed In Victoria: Coroner

    Stab Wounds, Not House Fire Claimed Life Of One Three Killed In Victoria: Coroner
    VICTORIA — A B.C. coroner's report has concluded that one of three people thought to have died in a house fire in Victoria actually died of stab wounds.

    Stab Wounds, Not House Fire Claimed Life Of One Three Killed In Victoria: Coroner

    Vets versus Vaughan: Harper's calculus for keeping Fantino in cabinet

    Vets versus Vaughan: Harper's calculus for keeping Fantino in cabinet
    OTTAWA — Veterans versus Vaughan.

    Vets versus Vaughan: Harper's calculus for keeping Fantino in cabinet

    Harper angry, saddened by 'barbaric' attack on Paris newspaper that kills 12

    Harper angry, saddened by 'barbaric' attack on Paris newspaper that kills 12
    OTTAWA — Prime Minister Stephen Harper says he is angry and saddened by the "barbaric" attack against a Paris newspaper.

    Harper angry, saddened by 'barbaric' attack on Paris newspaper that kills 12

    Additional 10,000 Syrian refugees to be offered asylum by Canadian government

    Additional 10,000 Syrian refugees to be offered asylum by Canadian government
    OTTAWA — Another 10,000 Syrian refugees will be resettled in Canada over the next three years, the Conservative government promised Wednesday.

    Additional 10,000 Syrian refugees to be offered asylum by Canadian government

    Quebec energy board supports TransCanada's Energy East plan, calling it

    Quebec energy board supports TransCanada's Energy East plan, calling it
    MONTREAL — Quebec's energy regulator is giving the thumbs-up to TransCanada Corp.'s Energy East pipeline, calling the plan "desirable."

    Quebec energy board supports TransCanada's Energy East plan, calling it