Sunday, December 21, 2025
ADVT 
National

Budget Day With One Thing Assured: Black Ink For The First Time In Seven Years

Darpan News Desk The Canadian Press, 21 Apr, 2015 12:27 PM
    OTTAWA — It's budget day in the national capital and with a federal vote due to arrive by — if not on — the fixed date of Oct. 19, it's also the unofficial launch of the 2015 campaign.
     
    Finance Minister Joe Oliver will deliver his first budget — the 11th since Stephen Harper's Conservatives came to office in 2006 — and the headline fact is already known.
     
    "Our government is committed to balanced budgets and the good news is that ... Canadians will see the minister of finance stand and deliver a balanced budget that will create jobs," Kevin Sorenson, Oliver's understudy at finance, told the House of Commons on Monday.
     
    The parliamentary budget office last week predicted the books were actually balanced in 2014-15, a number that should become clearer in today's budget but won't be finalized until all the accounting is done sometime next fall.
     
    Regardless, the election-year surplus is all that matters to a Conservative government seeking to extend its life into a second decade in power.
     
    The financial battle plan was kicked off last Oct. 30 when Prime Minister Stephen Harper rolled out a five-year, $27-billion package of improvements to family benefits and targeted tax cuts.
     
    Shortly after, the bottom dropped out of global oil prices, casting the Conservatives' rosy budgetary projections into peril.
     
    Still, every Canadian voter with a child under age 18 can expect a nice government cheque (retroactive to Jan. 1) this July as they contemplate an October visit to the polling booth.
     
    And after selling more than $3 billion worth of GM shares acquired during the 2009 financial crisis, the government appears supremely self-assured of remaining in the black in 2015-16
     
    "We're looking at zero growth," NDP critic Nathan Cullen groused Monday, adding it's time the Conservatives changed their budgetary playbook.
     
    "Are the Conservatives going to choose their own electoral fortunes over the economy?"
     
    Liberal Scott Brison joined Cullen in criticizing Conservative tax breaks the opposition parties say favour the wealthy at the expense of the broader taxpaying public.
     
    "They're focusing relentlessly on their base in a pre-election budget that will be full of goodies that will look fine in the store window, but will have a lot of buyer's remorse for Canadians," said Brison.
     
    The family tax package is the clear show-stopper, but the budget is likely to include many lesser measures aimed up shoring up perceived weaknesses and bolstering perceived Conservative strengths.
     
    Help for seniors is expected through changes to registered retirement income fund rules and a long-promised doubling of the $5,500 annual limit on tax-free savings accounts.
     
    There will be cash for the national security apparatus, a big government selling point in this season of domestic terror attacks and overseas military missions.
     
    Announcements linked to the upcoming country-wide celebrations for Canada's 150th birthday in 2017 are also expected as the Conservatives pound home the "Strong Proud Free" marketing tagline they've introduced to government ads.
     
    The Conservatives are also making permanent a program that provides loans to immigrants so they can cover the cost of upgrading their education and training to match Canadian standards, sources familiar with the budget's contents said.
     
    The project was launched in 2012 and last year, the government said more than 1,000 people had taken out the loans, worth up to $15,000.
     
    Sources, speaking on condition of anonymity because they were disclosing details in advance of the budget's release, also said it would include a significant extension to the compassionate leave granted to caregivers to look after seriously ill loved ones.
     
    There will likely be targeted infrastructure funding for major public transit projects, spending the government will promote as "green" to help cover a weak environmental policy flank while wooing those suburban commuters Calandra referenced.
     
    And there may be measures to bolster manufacturing, small businesses and skills training as the Conservatives attempt to buff their job creation credentials.
     
    Headlining it all will be the return to surplus, backstopped by proposed balanced budget legislation.

    MORE National ARTICLES

    Court Hears Accused Terrorist Blame Faulty Explosives For Failed Bombing

    Court Hears Accused Terrorist Blame Faulty Explosives For Failed Bombing
    VANCOUVER — A man accused of plotting to blow up the British Columbia legislature laid the blame for the botched mission on faulty explosives, not the timers he set to detonate.

    Court Hears Accused Terrorist Blame Faulty Explosives For Failed Bombing

    Supreme Court To Say Whether Quebec Can Keep Part Of The Defunct Gun Registry

    OTTAWA — The Supreme Court of Canada says it will rule Friday on Quebec's effort to preserve part of the defunct long-gun registry.

    Supreme Court To Say Whether Quebec Can Keep Part Of The Defunct Gun Registry

    Tofino Culinary Scene Adds More Flavour To West Coast Surf Town

    Tofino Culinary Scene Adds More Flavour To West Coast Surf Town
    TOFINO, B.C. — One of the more memorable meals chef Tim May says he prepared in Tofino on British Columbia's remote West Coast was a wedding feast for a young couple who just eloped.

    Tofino Culinary Scene Adds More Flavour To West Coast Surf Town

    Harper Meets NATO Chief To Talk About War Against ISIL, Crisis In Ukraine

    Harper Meets NATO Chief To Talk About War Against ISIL, Crisis In Ukraine
    OTTAWA — Prime Minister Stephen Harper and NATO secretary general Jens Stoltenberg met today to discuss the war in Iraq and the crisis in Ukraine.

    Harper Meets NATO Chief To Talk About War Against ISIL, Crisis In Ukraine

    Harassment Case Against Edmonton Woman Extradited From Germany Put Over

    Harassment Case Against Edmonton Woman Extradited From Germany Put Over
    EDMONTON — The case of an Edmonton woman who was extradited from Germany to face harassment and threats charges has been put over.

    Harassment Case Against Edmonton Woman Extradited From Germany Put Over

    BC Groups Go To High Court In Challenge Of Energy Board's Approval Process

    BC Groups Go To High Court In Challenge Of Energy Board's Approval Process
    VANCOUVER — A coalition of environmental advocates in B.C. is taking the National Energy Board to Canada's highest court in a challenge of the pipeline approval process.

    BC Groups Go To High Court In Challenge Of Energy Board's Approval Process