Deficit

“Surplus during recession seems like bad economic planning: Don Pittis” (CBC News)

Don Pittis (CBC News): If the time for deficit spending is when the economy is in recession, then the Harper government seems to have got it backwards. According to the latest figures, during the years…

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“Justin Trudeau takes infrastructure pitch to key GTA riding” (CBC News)

CBC News: Liberal Leader Justin Trudeau elaborated on his $60-billion election campaign pledge to help municipalities build new infrastructure over the next decade, saying Friday that the public transit portion for projects would amount to $20 billion. The $20…


“National think-tank unveils platform to end inequality in Canada” (The Toronto Star)

Laurie Monsebraaten (The Toronto Star): As federal politicians compete for the middle-class vote, a national think-tank has launched an election platform aimed at reducing the gap between Canada’s rich and poor. The four-point strategy to…


“Tragic story in Alberta government’s first fiscal update: A $6-billion deficit and soaring unemployment” (The Financial Post)

Claudia Cattaneo (The Financial Post) Alberta’s first fiscal update under the new NDP government paints a tragic picture of the once-booming oil province: a deficit of nearly $6-billion, and growing, despite higher income and corporate taxes;…


“Balanced budgets historically left-wing territory” (The Winnipeg Free Press)

David McGrane (The Winnipeg Free Press): Since Justin Trudeau announced his plan to run deficits of up to $10 billion over the next three years to pay for infrastructure spending, the media have been reporting…


“Harper, Trudeau and Mulcair spar on deficits following recession report” (CBC News)

Prime Minister Stephen Harper explains his deficit criteria – 5:12 (Source: CBC News) CBC News: The issue of deficits again took centre stage on the campaign trail in the wake of Statistics Canada’s confirmation that the country fell…


“Harper, Mulcair share deficit views in broader clash following StatsCan report” (CTV News)

The Canadian Press: Stephen Harper and Tom Mulcair found themselves in unfamiliar economic territory Wednesday — sharing the same page on when they think it is acceptable to plunge the country into a deficit. The…


“Justin Trudeau weighs in on Paul Martin’s decision to slash provincial transfers” (Maclean’s)

The Canadian Press: Justin Trudeau says former Liberal prime minister Paul Martin made the right decision when he moved to slash transfers to the provinces to balance the books, but says he will not be…


“It’s official: Canada’s in a recession and Conservative policies won’t fix it” (The Toronto Star)

Editorial (The Toronto Star): Arguing over what constitutes a recession should not obscure the fact that the economy is weak and more of the same from the Conservatives isn’t likely to fix it. Move right…