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

    No charges after RCMP concludes investigation into P.E.I. immigration program

    No charges after RCMP concludes investigation into P.E.I. immigration program
    CHARLOTTETOWN — The RCMP in Prince Edward Island say a three-year investigation into allegations of fraud and bribery involving the province's immigrant investor program has been closed and no charges will be laid.

    No charges after RCMP concludes investigation into P.E.I. immigration program

    One-third of social security tribunal members have ties to Conservatives

    One-third of social security tribunal members have ties to Conservatives
    OTTAWA — One-third of the Conservative government's appointees to its critically backlogged social security tribunal have close ties to the party.

    One-third of social security tribunal members have ties to Conservatives

    Canada hangs on to beat Russia 5-4, end world junior gold-medal drought

    Canada hangs on to beat Russia 5-4, end world junior gold-medal drought
    TORONTO — The sweetest sound was the final buzzer.

    Canada hangs on to beat Russia 5-4, end world junior gold-medal drought

    Halted Swiss study of Canadian Ebola vaccine resumes with lower dose

    Halted Swiss study of Canadian Ebola vaccine resumes with lower dose
    TORONTO — A Swiss trial of a Canadian-made Ebola vaccine has resumed after being suspended because of concerns about an unexpected side-effect.

    Halted Swiss study of Canadian Ebola vaccine resumes with lower dose

    Bill Cosby worried about possible disruptions during upcoming Ontario shows

    Bill Cosby worried about possible disruptions during upcoming Ontario shows
    TORONTO — Embattled comedian Bill Cosby is worried about protesters disrupting the three shows he has scheduled in Ontario this week as his international tour rolls on despite growing allegations of sexual assault.

    Bill Cosby worried about possible disruptions during upcoming Ontario shows

    Another alleged child victim testifies at trial of Canadian teacher in Indonesia

    Another alleged child victim testifies at trial of Canadian teacher in Indonesia
    JAKARTA, Indonesia — Another alleged child victim has testified at a trial for a Canadian teacher accused of sexually abusing three students at an international school in Indonesia.

    Another alleged child victim testifies at trial of Canadian teacher in Indonesia