Close X
Wednesday, December 25, 2024
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

    Death In Whistler Hotel After Dispute, Police Investigating

    Death In Whistler Hotel After Dispute, Police Investigating
    WHISTLER, B.C. — RCMP say one person is dead after an altercation in a Whistler, B.C., hotel. Mounties say they were called to the hotel just after 3:00 a.m.

    Death In Whistler Hotel After Dispute, Police Investigating

    Liberals post best fundraising results in 10 years, just in time for election

    Liberals post best fundraising results in 10 years, just in time for election
    LONDON, Ont. — Federal Liberals posted their best fundraising haul in a decade last year, filling their party's war chest just in time for this year's election.

    Liberals post best fundraising results in 10 years, just in time for election

    Jason who? Government source gives Kenney's budget musings cold shoulder

    Jason who? Government source gives Kenney's budget musings cold shoulder
    OTTAWA — A federal official is distancing the Conservative government from Jason Kenney's public musings over the weekend that spending cuts might be required to balance the budget.

    Jason who? Government source gives Kenney's budget musings cold shoulder

    Port of Montreal receives $132-million expansion to facilitate oversees exports

    Port of Montreal receives $132-million expansion to facilitate oversees exports
    MONTREAL — The Port of Montreal is receiving a $132-million makeover to handle the expected increase in exports to the European market.

    Port of Montreal receives $132-million expansion to facilitate oversees exports

    Dalhousie University dentistry student faces disciplinary hearing

    Dalhousie University dentistry student faces disciplinary hearing
    HALIFAX — A disciplinary hearing is scheduled later today for one of the 13 members of a Facebook group where misogynistic comments were posted about female classmates at Dalhousie University's dentistry school.

    Dalhousie University dentistry student faces disciplinary hearing

    Fun, fun, fun: Alberta premier takes the T-bird away at U.S. auction

    Fun, fun, fun: Alberta premier takes the T-bird away at U.S. auction
    EDMONTON — It was fun, fun, fun for Alberta Premier Jim Prentice on the weekend when he took the T-bird away at a vintage car auction in Arizona.

    Fun, fun, fun: Alberta premier takes the T-bird away at U.S. auction