Sentences with phrase «government budget balance»

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Not exact matches

The PQ has laid out plans to reduce that pesky deficit as well, stating the government would balance the budget by the 2015 - 2016 fiscal year.

He attempted to perform a balancing act between stimulating the economy and keeping control of the budget — the same two things Alberta's current NDP government finds itself trying to do.

While he would have liked to have seen more investor - specific changes — «it's always nice to have more rather than less,» he says — he thinks it's unlikely we'll see any reductions in capital gain taxes or major increases in TFSA room until at least 2015, when the government says it can balance the budget by.

Balanced - budget law allows the federal government to run a deficit when recession looms.

Instead of a rush to balance the budget, he assumed the government aimed to cover all its expenses with the exception of interest payments, or a «structural balance.»

When asked whether the upcoming budget would be a balanced one, Morneau said the government's approach has a «long - term view to being fiscally responsible.»

Budget 2015 left very little margin for error when it came to balancing the books, with a projected surplus of $ 1.4 billion plus an additional $ 1.0 billion as a contingency reserve, giving the federal government a $ 2.4 billion margin for error.

The world had survived Y2K; the stock market was topping out; George W. Bush had moved into the White House; and the US government had a balanced budget.

Unlike the years before the crisis, the global consensus now is that governments should be agnostic when it comes to fiscal policy; too much debt is problematic (Greece, Spain, etc.), but it can take more than a balanced budget to inspire business confidence and get executives to spend.

The legislation, called PROMESA, would create a federal oversight board to help Puerto Rico governments balance their budgets, improve financial reporting and facilitate debt restructuring when voluntary agreements between creditors and borrowers can not be reached.

Glen Hodgson, senior vice-president and chief economist, Conference Board of Canada It's good that the government is still shooting to balance the budget by 2015 and gives itself room to do it at least a year earlier.

It allowed her to woo NDP supporters who feared a slash - and - burn Tory government, while also exploiting the Conservative plan to cut 100,000 public sector jobs to balance the budget as an economic apocalypse only she could stop.

He is a strong proponent of a smaller local government and supports cuts to certain popular programs and caps on entitlements to township employees to keep the budget in balance.

As we have promised, our Government remains committed to balancing the budget in 2015.

«Going forward it's important that the government does more to also improve the structural budget balance.

Last year, when asked about balanced budget legislation he told the House of Commons Standing Committee on Finance «I don't think writing something into law, and then expecting that future governments will be held by that, is realistic.»

Although committed to balancing the budget by 2014 — 15, however, the government's long - term plan remains unclear.

Song Seng Wun, economist at CIMB Private Banking, discusses the Malaysian government's tough task: balancing its budget amid slowing global growth.

Furthermore, the government has set itself a second to - do list to accomplish once the budget is balanced.

While tales of old are no substitute for new victories and a lack of focus on the American market is a concern, manufacturers did quite well — especially given that we have a government devoted to balancing the budget.

TORONTO — Fitch Ratings downgraded Ontario's long - term debt rating Friday, highlighting «risks» on the path to the Liberal government's target of balancing the budget by 2017 - 18.

Instead of front - loading austere budgetary measures and cruising to a balanced budget, the government has chosen to stay the course on the plan mapped out in Budgetbudget, the government has chosen to stay the course on the plan mapped out in BudgetBudget 2014.

«Our government is committed to balancing the budget in 2015 — period,» he said, adding that «maintaining a sound fiscal position» is the most important thing this government, or any, can do to help the economy.

While the government continues to invest in jobs and priority services, it will make responsible spending decisions to support balancing the budget.

And, following our Government's return to balanced budgets, it will look at ways to provide further tax relief to job - creating small businesses.

Ultimately, people shouldn't get too hopeful for any major budget announcements, at least until the government's balance sheet improves.

Our Government will introduce balanced - budget legislation.

The Vancouver Board of Trade, representing 5,000 business members across Greater Vancouver and B.C., has assigned an overall grade of «A» to B.C. Budget 2015, based on the government's steadfast commitment to balancing the books, reducing debt, and stoking a variety of sectors of our economy.

«It remains the government's plan, intention, to balance the budget prior to the next federal election,» he said at a press conference in Quebec City.

Balancing the budget in every year would mean that governments would be forced to increase taxes and cut spending in downturns, and to do the opposite when the economy is growing quickly.

Only if the Government fully realizes its savings from the Debt Reduction Plan Savings Target would the budget be balanced in 2015 - 16, but just.

Once the federal government achieved a balanced budget, that interest rate risk premium quickly disappeared and all levels of government benefited through lower borrowing costs.

Financial experts say the central bank's intervention seems to have catalyzed a virtuous circle: As new governments come in and promise to deliver spending cuts, tax increases and balanced budgets, once gun - shy banks have an added incentive to tap new financing from the central bank and jump back into bond markets that they were running from just a few months ago.

It has recently been reported that the University of Alberta wants to «reopen two - year collective agreements» with faculty and staff «to help the university balance its budget...» This appears to be in direct response to Alberta's provincial government announcing in its March budget that there would be a «7 % cut to operating grants to universities, -LSB-...]

That downturn is pushing the federal budget towards deficit, but having rejected deficits outright, the Harper government will have to cut spending to balance its budget, thereby making economic problems worse.

«And it is simply this: Our government is committed to balancing the budget in 2015.»

These include publishing: • Historical estimates and medium - term projections of the economy's potential GDP, as well as the methodology and assumptions used; • Medium - term projections of the Government's structural, or cyclically - adjusted budget balance as well as the methodology and assumptions used; • The assumptions, projections and methods to translate the private sector economic forecasts into its fiscal forecasts; and • The fiscal sustainability analyses of the provincial - territorial government sector that itGovernment's structural, or cyclically - adjusted budget balance as well as the methodology and assumptions used; • The assumptions, projections and methods to translate the private sector economic forecasts into its fiscal forecasts; and • The fiscal sustainability analyses of the provincial - territorial government sector that itgovernment sector that it prepared.

In the absence of tax increases, the government will not be able to achieve its goal of a balanced budget by 2015 - 16 without major cuts in direct program expenses and the elimination of «boutique» tax expenditures in the order of $ 8 to $ 11 billion by 2015 - 16.

Based on the past eight years and current rhetoric the answers for the Conservative government would appear to be: minimal; zero or lower; and, balanced budget legislation.

When the federal Liberal government recently released its gender - balanced budget, it was big news.

This view was expressed in Bill C - 59, the recently passed Budget Omnibus Bill, which included legislation that would require future government's to maintain balanced budgets.

Given that the Jenkins Panel's prescriptions in this area were very broad, we strongly encourage the Government to work with independent leading tax experts and table a commitment with the 2012 Budget on how to most effectively shape our indirect support to business, including steps to provide a better balance between direct and indirect support.

The current monthly results, along with the surprising better - than - expected economic growth for the second quarter of 2014, strongly suggest that the federal government will post a surplus in 2014 - 15, one year ahead of their political commitment to balance the budget in 2015 - 16.

On February 3, 2011, the C.D. Howe Institute released its 2011Shadow Budget [1] entitled A Faster Track to Fiscal Balance, arguing that federal government should undertake aggressive actions to restrain the growth in program expenses in order to achieve a fiscal surpluses one year earlier than forecast in the October 2010 Update [2].

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(Insert reference) The Minister of Finance, Joe Oliver was completely silent, indicating only that the Government remained on track to a balanced budget in 2015 - 16.

The Conservative government is ideologically committed to lower taxes, less spending, balanced budgets, and smaller government.

The federal government is committed to balanced budget legislation.

Canada's economy will not fully recover until 2013 and the federal government will carry a structural budgetary deficit of C$ 19 billion ($ 17.6 billion) after the crisis, a report by the parliamentary budget officer said on Monday... «PBO calculations continue to suggest that the budget is not structurally balanced over the medium term,» the report said.