Tuesday, December 30, 2025
ADVT 
National

Experts, Lobbyists Begin Pre-budget Testimony Before Finance Committee

Darpan News Desk The Canadian Press, 16 Feb, 2016 11:06 AM
    OTTAWA — A four-day blitz of advice from lobbyists and experts on the upcoming federal budget begins today before a parliamentary committee.
     
    But the struggling economy is expected to take centre stage as the Liberal government prepares its first budget, which is expected late next month.
     
    Stubbornly low commodity prices are expected to carve billions from the government's bottom line, putting significant pressure on Ottawa as it listens to pre-budget requests from some 90 interest groups.
     
    Prime Minister Justin Trudeau recently acknowledged the 2016-17 deficit would exceed his promised cap of $10 billion.
     
    Trudeau has also cast doubt on the government's election vow to balance the books in four years.
     
    Conservative finance critic Lisa Raitt is raising doubts about the wisdom of letting the deficit grow in such a fragile economy.
     
    Members of the House of Commons finance committee have noted the compressed consultation process won't be as complete as in past years due to the brief window before the budget. But several have said it will at least put the recommendations on the public record.
     
    Finance Minister Bill Morneau won't appear before the committee Thursday as planned, but will instead deliver a pre-budget presentation next Tuesday, said Liberal committee chair Wayne Easter.
     
    The format is designed to leave enough time for officials to write and translate a report on the hearings before the budget's release.
     
    The committee usually hears from experts and lobby groups in the months leading up to the budget.

    MORE National ARTICLES

    Brad Wall Saskatchewan Party's 'Strongest Asset' Going Into Election Year

    REGINA — In his office at the Saskatchewan legislature, Premier Brad Wall has a photo of himself with former U.S. president Bill Clinton and a copy of a speech that Wall gave and which Clinton autographed.

    Brad Wall Saskatchewan Party's 'Strongest Asset' Going Into Election Year

    Inmates Lose Appetite Over Quality Of Food Served At Regina Correctional Centre

    Inmates Lose Appetite Over Quality Of Food Served At Regina Correctional Centre
    Justice Department officials say on Saturday morning, more than 60 inmates refused their food trays, complaining the eggs they had been served were raw.

    Inmates Lose Appetite Over Quality Of Food Served At Regina Correctional Centre

    Search Over For Wandering Cheetah, B.C. Authorities Question Person Of Interest

    Conservation officers have called off the search for a cheetah last seen roaming a highway in British Columbia's Interior late last week.

    Search Over For Wandering Cheetah, B.C. Authorities Question Person Of Interest

    10 Dead As BSF Chartered Plane Crashes

    10 Dead As BSF Chartered Plane Crashes
    Nine BSF troopers and a Sashastra Seema Bal (SSB) co-pilot were killed when a chartered plane flying to Ranchi crashed here on Tuesday morning soon after take off.

    10 Dead As BSF Chartered Plane Crashes

    BC Hydro Sets Contract For Controversial Site C Dam At $1.75 Billion

    The contract agreement announced on Monday by BC Hydro will see the Peace River Hydro Partners build the earthen dam, foundation, two diversion tunnels and spillways in the province's northeast.

    BC Hydro Sets Contract For Controversial Site C Dam At $1.75 Billion

    Telus CEO and his family trust invest nearly $10 million in additional stock

    Telus CEO and his family trust invest nearly $10 million in additional stock
    VANCOUVER — Telus Corp.'s president and chief executive officer, Darren Entwistle, recently invested nearly $10 million in the company's stock.

    Telus CEO and his family trust invest nearly $10 million in additional stock