Ottawa has been abuzz for weeks over how badly the Conservatives' brand-defining quest for a balanced budget will be damaged by falling oil prices. But Canadians can relax and stop biting their nails.
Is promising Canadians a budget surplus without making new tax measures or additional spending cuts really possible? (No.)
The Parliamentary Budget Office (PBO) says the drop in oil prices will mean the government will run a small deficit this year. Harper pretends the PBO says otherwise. The NDP has other ideas.
Harper now says falling oil prices are good for the rest of the economy, yet, Joe Oliver is still delaying his federal budget report. What gives?
Prime Minister Harper now says falling prices in the oil and gas sector are good for the rest of the economy. Still, Finance Minister Oliver has postponed his budget because of market uncertainty.
While Finance Minister Joe Oliver is expected to announce a balanced budget today, a report by the CCPA examines the toll federal austerity measures have had on public services.
When Canada's Parliamentary Finance Committee asked for input on the next Federal Budget here is what Canadians for Tax Fairness told them.
Tax-slashing has been the pattern in Canada for decades. No wonder we can't afford European-style social programs. Public revenue has been vanishing into the pockets of corporations and the very rich.
Is Jim Flaherty's legacy pragmatic? Prudent? Steady-handed? More like ideological, frequently reckless, and just plain lucky.
We, the undersigned, strongly urge the federal government to stop implementing fiscal austerity measures just to achieve its political goal of budgetary balance by 2015.