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

    Resuscitation efforts fail as two people, including baby, die in Regina fire

    Resuscitation efforts fail as two people, including baby, die in Regina fire
    REGINA — A woman and a baby boy are dead after a house fire in Regina.

    Resuscitation efforts fail as two people, including baby, die in Regina fire

    CBC executives involved with Jian Ghomeshi investigation put on leave of absence

    CBC executives involved with Jian Ghomeshi investigation put on leave of absence
    TORONTO — Two high-ranking CBC executives involved with interviewing employees in connection with the Jian Ghomeshi affair have been put on indefinite leave of absence.

    CBC executives involved with Jian Ghomeshi investigation put on leave of absence

    B.C. Students' Space Project Set For Liftoff... Again

    B.C. Students' Space Project Set For Liftoff... 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 about to get a second chance at space travel.

    B.C. Students' Space Project Set For Liftoff... Again

    Five things to know about new Veterans Affairs Minister Erin O'Toole

    Five things to know about new Veterans Affairs Minister Erin O'Toole
    OTTAWA — Erin O'Toole, a relatively new member of Parliament, took over the politically sensitive Veterans Affairs portfolio Monday from the embattled Julian Fantino. Here's a list of five things to know about the new minister:

    Five things to know about new Veterans Affairs Minister Erin O'Toole

    After ball drops in Times Square, Canadians drop bombs on ISIL targets in Iraq

    After ball drops in Times Square, Canadians drop bombs on ISIL targets in Iraq
    OTTAWA — Canadian jets flew four attack missions against militant targets in Iraq on New Year's Day, National Defence says.

    After ball drops in Times Square, Canadians drop bombs on ISIL targets in Iraq

    Feds fight to deny long-term expats right to vote as case heads to appeal

    Feds fight to deny long-term expats right to vote as case heads to appeal
    TORONTO — The right of long-term expats to vote in federal elections goes before Ontario's top court Tuesday, as Ottawa fights a ruling that struck down part of Canadian voting laws.

    Feds fight to deny long-term expats right to vote as case heads to appeal