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

    Court upholds pardon revocation for alleged Via Rail terror plotter

    Court upholds pardon revocation for alleged Via Rail terror plotter
    TORONTO — There is no evidence of any political interference in a decision to revoke the criminal pardon of a man accused of plotting to attack a passenger train, a Federal Court judge has ruled.

    Court upholds pardon revocation for alleged Via Rail terror plotter

    Hearing Delayed For Prohibited Driver Who Killed B.C. Woman At Crosswalk

    Hearing Delayed For Prohibited Driver Who Killed B.C. Woman At Crosswalk
    KAMLOOPS, B.C. — A chronic prohibited driver who struck and killed a woman at a crosswalk in Kamloops, B.C., has had his appeal hearing delayed for nearly a month.

    Hearing Delayed For Prohibited Driver Who Killed B.C. Woman At Crosswalk

    Annapolis Warship To Be Sunk As Largest Artificial Reef In Vancouver Area

    Annapolis Warship To Be Sunk As Largest Artificial Reef In Vancouver Area
    The Artificial Reef Society of B.C. says the former HMCS Annapolis will be towed from Long Bay to nearby Halkett Bay on Jan. 13 before being sunk four days later.

    Annapolis Warship To Be Sunk As Largest Artificial Reef In Vancouver Area

    Crude-by-rail volumes expected to grow in 2015 despite price volatility

    Crude-by-rail volumes expected to grow in 2015 despite price volatility
    MONTREAL — Volatility in energy prices is expected to be a "wild card" for Canadian railways in the long term, but crude-by-rail volumes should continue to grow, albeit more slowly, in 2015, an industry analyst said Tuesday.

    Crude-by-rail volumes expected to grow in 2015 despite price volatility

    B.C. Students' Space Project Delayed By Oct. Rocket Crash Delayed Again

    B.C. Students' Space Project Delayed By Oct. Rocket Crash Delayed Again
    KAMLOOPS, B.C. — A science project dreamed up by a group of students in central British Columbia that exploded on a rocket launching pad almost two months ago is on hold again.

    B.C. Students' Space Project Delayed By Oct. Rocket Crash Delayed Again

    Deportation of imprisoned Canadian-Egyptian journalist in 'final stages': family

    Deportation of imprisoned Canadian-Egyptian journalist in 'final stages': family
    CAIRO — The family of a Canadian-Egyptian journalist imprisoned in Cairo says they have requested his deportation and were told by a senior official the process is in its "final stages."

    Deportation of imprisoned Canadian-Egyptian journalist in 'final stages': family