Close X
Saturday, January 25, 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

    Child pornography charges laid after search of Saskatchewan Mountie's home

    Child pornography charges laid after search of Saskatchewan Mountie's home
    FOND DU LAC, Sask. — A Mountie in Saskatchewan is facing charges of accessing and possessing child pornography.

    Child pornography charges laid after search of Saskatchewan Mountie's home

    Former Manitoba cabinet minister launches bid to become next premier

    Former Manitoba cabinet minister launches bid to become next premier
    WINNIPEG — Another candidate is launching a bid to become Manitoba's next premier.

    Former Manitoba cabinet minister launches bid to become next premier

    Man charged with kidnapping, attempted murder of six-year-old on Alberta reserve

    Man charged with kidnapping, attempted murder of six-year-old on Alberta reserve
    EDMONTON — A few days before a six-year-old girl was found battered and near death on an Alberta reserve, she was singing and smiling at her school Christmas concert.

    Man charged with kidnapping, attempted murder of six-year-old on Alberta reserve

    Avian Flu Spreads To First Non-commercial Backyard Coop In Langley

    Avian Flu Spreads To First Non-commercial Backyard Coop In Langley
    VANCOUVER — The avian flu outbreak that has resulted in the deaths of thousands of birds in British Columbia's Fraser Valley has struck its first backyard coop.

    Avian Flu Spreads To First Non-commercial Backyard Coop In Langley

    Canada's Q4 could be brighter than forecast, but clouds over 2015: economists

    Canada's Q4 could be brighter than forecast, but clouds over 2015: economists
    OTTAWA — Canada's gross domestic product rose by an unexpectedly strong 0.3 per cent in October, which led several economists to consider revising their estimates for the final quarter of 2014 — although they also warned that they're less bullish about 2015 due to a drop in commodity prices, especially for oil.

    Canada's Q4 could be brighter than forecast, but clouds over 2015: economists

    Manning sorry for not encouraging consultation before Wildrose defections

    Manning sorry for not encouraging consultation before Wildrose defections
    EDMONTON — The former leader of the Reform Party says he made a mistake when he encouraged members of Alberta's Wildrose to unite with the governing Progressive Conservatives.

    Manning sorry for not encouraging consultation before Wildrose defections