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

    Man leaves $99k tip for $7 sandwich, but police say credit card was refused

    Man leaves $99k tip for $7 sandwich, but police say credit card was refused
    BARRIE, Ont. — Police in Barrie, Ont., say a waitress won't be getting a nearly $99,000 tip left by a patron.

    Man leaves $99k tip for $7 sandwich, but police say credit card was refused

    Surrey Woman Accused Of Killing Eight-year-old Daughter Found Fit To Stand Trial

    Surrey Woman Accused Of Killing Eight-year-old Daughter Found Fit To Stand Trial
    Lisa Batstone appeared in provincial court on Monday, where the results of a psychiatric assessment were released

    Surrey Woman Accused Of Killing Eight-year-old Daughter Found Fit To Stand Trial

    Restorative justice for Saskatchewan man who killed officer redirecting traffic

    Restorative justice for Saskatchewan man who killed officer redirecting traffic
    SASKATOON — Sentencing has been postponed for a Saskatchewan man who admits he killed an officer who was redirecting traffic after a highway accident.

    Restorative justice for Saskatchewan man who killed officer redirecting traffic

    B.C. Storm Causes Avalanche Risk, Power Outages, School Closures

    B.C. Storm Causes Avalanche Risk, Power Outages, School Closures
    VANCOUVER — Snow and freezing rain dumped on British Columbia by a winter storm is continuing to wreak havoc across the province.

    B.C. Storm Causes Avalanche Risk, Power Outages, School Closures

    Canada's Powder Highway In British Columbia: 8 Ski Resorts Along 1 Stunning Mountain Circuit

    Canada's Powder Highway In British Columbia: 8 Ski Resorts Along 1 Stunning Mountain Circuit
    ROSSLAND, B.C. — For many in the skiing world, the resorts of Canada's Powder Highway in British Columbia's Kootenay region are secrets they'd rather not share with the public.

    Canada's Powder Highway In British Columbia: 8 Ski Resorts Along 1 Stunning Mountain Circuit

    More details expected Monday on Canada's Iraq mission as bombing raids continue

    More details expected Monday on Canada's Iraq mission as bombing raids continue
    OTTAWA — An update is expected today on Canadian military activities in the skies over Iraq as part of the international campaign against the Islamic State of Iraq and the Levant.

    More details expected Monday on Canada's Iraq mission as bombing raids continue