Saturday, December 13, 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

    Richmond Photographer, 52, Arrested In Hit-And-Run On Actor Ryan Reynolds In Downtown Vancouver

    Richmond Photographer, 52, Arrested In Hit-And-Run On Actor Ryan Reynolds In Downtown Vancouver
    Vancouver police have recommended a charge of intimidation against a 52-year-old photographer whose car allegedly struck actor Ryan Reynolds.

    Richmond Photographer, 52, Arrested In Hit-And-Run On Actor Ryan Reynolds In Downtown Vancouver

    Residential Day School Students Ask For Redress

    Residential Day School Students Ask For Redress
    VANCOUVER — A lawyer for aboriginals who attended Indian residential schools as day scholars says those people also deserve redress for the loss of their language and culture.

    Residential Day School Students Ask For Redress

    Estimate Of Bunker Fuel Spilled In Vancouver Bay Was 'Conservative': Officials

    Estimate Of Bunker Fuel Spilled In Vancouver Bay Was 'Conservative': Officials
    VANCOUVER — Officials in charge of cleaning up a bunker fuel spill in Vancouver's English Bay now say the estimate of what leaked from a grain carrier was a conservative figure.

    Estimate Of Bunker Fuel Spilled In Vancouver Bay Was 'Conservative': Officials

    Accused Terrorist Proposed Training With Paintball Guns To Take Hostages: Trial

    Accused Terrorist Proposed Training With Paintball Guns To Take Hostages: Trial
    VANCOUVER — A court has heard that a man accused of plotting to blow up the B.C. legislature wanted to use paintball guns to practise a hostage-taking scenario in the days leading up to his planned Canada Day attack.

    Accused Terrorist Proposed Training With Paintball Guns To Take Hostages: Trial

    St. Paul's Hospital In Downtown Vancouver Moving To New Site: Health Authority

    St. Paul's Hospital In Downtown Vancouver Moving To New Site: Health Authority
    VANCOUVER — St. Paul's Hospital in downtown Vancouver will be relocated to a new site as the century-old facility makes way for a modern hospital three kilometres away.

    St. Paul's Hospital In Downtown Vancouver Moving To New Site: Health Authority

    Indian-Origin Gita Gordon Liberal Democrats' Candidate in British Polls

    Indian-Origin Gita Gordon Liberal Democrats' Candidate in British Polls
    Gordon, an India-born woman fighting from the South Shields constituency, is the first minority ethnic candidate chosen to fight from a northeast British constituency for the Liberal Democrats.

    Indian-Origin Gita Gordon Liberal Democrats' Candidate in British Polls