Close X
Friday, September 27, 2024
ADVT 
National

Stephen Harper Won't Talk Recession A Day Before Key Economic Numbers Are Released

Darpan News Desk The Canadian Press, 31 Aug, 2015 11:23 AM
    OTTAWA — Stephen Harper is dodging questions about a possible recession a day before the release of new economic numbers which are expected to show a second quarter of negative growth.
     
    Technically, two consecutive quarters of shrinking GDP signal a recession, but the prime minister isn't talking about that.
     
    He is running on his party's economic stewardship and says he won't get into a discussion of economic technicalities.
     
    He says the economic contraction is focused almost entirely in the oil and gas sector and much of the rest of the economy is still growing.
     
    Harper adds that the real economic threat comes from his political opponents and their spending plans, which he says mean deficits and tax increases.
     
    Liberal Leader Justin Trudeau has no campaign events planned for today, while NDP Leader Tom Mulcair begins the day in Saskatchewan before moving on to British Columbia.

    MORE National ARTICLES

    Stiff Penalty Demanded For Kamloops Dentist Bobby Rishiraj Who Left Patient With Brain Damage

    Stiff Penalty Demanded For Kamloops Dentist Bobby Rishiraj Who Left Patient With Brain Damage
    The patient, identified only as HZ, was deeply sedated in November 2012 while having her wisdom teeth removed, even though Dr. Bobby Rishiraj had not been approved to perform such a procedure.

    Stiff Penalty Demanded For Kamloops Dentist Bobby Rishiraj Who Left Patient With Brain Damage

    Calgary Man Accused Of Using Shell Companies To Defraud Employer Of Millions

    Calgary Man Accused Of Using Shell Companies To Defraud Employer Of Millions
    CALGARY — The co-founder of an Alberta oil and gas company has been accused of defrauding the firm of nearly $5 million.

    Calgary Man Accused Of Using Shell Companies To Defraud Employer Of Millions

    Maple Ridge To Dump Sally Ann Shelter Operator For Allowing Repeated Visits

    Maple Ridge To Dump Sally Ann Shelter Operator For Allowing Repeated Visits
     The City of Maple Ridge is severing ties with the local Salvation Army shelter in a dispute over how the problem of homelessness should be handled in that Metro Vancouver suburb.

    Maple Ridge To Dump Sally Ann Shelter Operator For Allowing Repeated Visits

    Nine West Sold To American Owner Of Brand; New Subsidiary To Run Business

    Nine West Sold To American Owner Of Brand; New Subsidiary To Run Business
    Nine West's Canadian shoe stores will remain open after the brand's American owners reached a deal to buy the business from Toronto-based operator Sherson Group, which had licensed the name.

    Nine West Sold To American Owner Of Brand; New Subsidiary To Run Business

    Christian Law School Fights B.C. Law Society's Refusal To Call Grads To The Bar

    The society accredited the proposed law school in April 2014, but reversed that decision last October after a vote by its members.

    Christian Law School Fights B.C. Law Society's Refusal To Call Grads To The Bar

    Bank Of Canada Deputy Says House Prices Have Increased Debt, But Risks Well Managed

    Bank Of Canada Deputy Says House Prices Have Increased Debt, But Risks Well Managed
    In a speech in Kingston, Ont., deputy governor Lawrence Schembri said Tuesday that the strength in the housing market has increased household imbalances.

    Bank Of Canada Deputy Says House Prices Have Increased Debt, But Risks Well Managed