Sunday, June 28, 2026
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

    No Jail For Lino Zambito, Ex-Construction Boss Turned Corruption Whistleblower

    No Jail For Lino Zambito, Ex-Construction Boss Turned Corruption Whistleblower
    Zambito will have to perform 240 hours of community work and will be on probation for three years.

    No Jail For Lino Zambito, Ex-Construction Boss Turned Corruption Whistleblower

    Wounded Afghan Soldier Capt. Trevor Greene Receives Honorary University of Victoria Degree

    Wounded Afghan Soldier Capt. Trevor Greene Receives Honorary University of Victoria Degree
    Capt. Trevor Greene continues his path to recovery following the 2006 attack while he was sipping tea with village elders near Kandahar during a peacekeeping gathering.

    Wounded Afghan Soldier Capt. Trevor Greene Receives Honorary University of Victoria Degree

    No End To Sizzling Home Prices, Voracious Demand: Central 1 Credit Union

    No End To Sizzling Home Prices, Voracious Demand: Central 1 Credit Union
    Central 1 senior economist Bryan Yu predicts B.C. home prices and sales will continue to rise for the next two years.

    No End To Sizzling Home Prices, Voracious Demand: Central 1 Credit Union

    Vancouver Santa Claus Parade Marks 35th Anniversary Of Marathon Of Hope

    Vancouver Santa Claus Parade Marks 35th Anniversary Of Marathon Of Hope
    The father of Marathon of Hope runner Terry Fox has been named grand marshal of Vancouver's 12th annual Santa Claus parade.

    Vancouver Santa Claus Parade Marks 35th Anniversary Of Marathon Of Hope

    Reza Moazami, B.C. Man Who Trafficked Underage Girls Is Sentenced To 23 Years In Prison

    Reza Moazami, B.C. Man Who Trafficked Underage Girls Is Sentenced To 23 Years In Prison
    Reza Moazami will be given five years' credit for time served awaiting trial, meaning his remaining sentence is just under 18 years. 

    Reza Moazami, B.C. Man Who Trafficked Underage Girls Is Sentenced To 23 Years In Prison

    Vancouver Island Company Works With Airbus To Create New Water Bomber

    The Coulson Group of Canada has inked a memorandum of understanding with Airbus Defence and Space to work on the water bomber version of the Airbus C295W transport aircraft.

    Vancouver Island Company Works With Airbus To Create New Water Bomber