The chances of getting another majority Labour
Government is in the balance.
Not exact matches
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.
Duong Tri Thanh, and his counterparts at other state - controlled Southeast Asian carriers such as Thai Airways International and Malaysia Airlines,
are trying to
balance government desires for growth with what
is best for the airlines» financial health
in a competitive market.
The Crown corporation
is in desperate need of turning its financial performance around, or it risks causing even more problems for its
balance sheet, the
government and Canadian taxpayers.
David Mulroney, a former ambassador to China,
is even more blunt
in assessing the
government's ability to find the right
balance with China.
That
's because, rather than handing the capital over to any one of 17
government agencies with a finger
in the innovation pie, or giving the money to the Business Development Bank of Canada, which deployed just $ 408 million of its $ 18.4 billion
balance sheet to the venture capital industry, the Conservatives have decided to invest that money directly
in entrepreneurs.
Launched
in October 2008 under Bush - era Treasury secretary Henry Paulson during the panic that followed the implosion of Lehman Bros., TARP
was initially designed to prop up bank
balance sheets via the
government purchase of equity stakes or the acquisition of illiquid assets.
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.
«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.
With eliminating the deficit
in time for the election the
government's single biggest priority, it follows that the Finance Minister who brought Canada through the recession
in relatively sound shape should
be kept on to ensure the books
are balanced on schedule.
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.
It
is government's job
in general to
balance the economics with other concerns, and so it should
be up to a president and the congress to listen to concerns other than those of economists.
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.
Excessive
government debt will stifle economic growth regardless of whether its stashed
in local or central
government balance sheets and if a province
's fiscal situation should become unsustainable — although that
's not
in the cards
in the near future — it'll likely
be up to federal
government to foot the bill for a bailout.
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-...]
«And it
is simply this: Our
government is committed to
balancing the budget
in 2015.»
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 - 1
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 - 1
in direct program expenses and the elimination of «boutique» tax expenditures
in the order of $ 8 to $ 11 billion by 2015 - 1
in the order of $ 8 to $ 11 billion by 2015 - 16.
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.
Images of the lucky chosen strolling
in all their gender -
balanced, ethnically diverse glory up Rideau Hall's tree - lined lane to
be sworn
in on Nov. 4, 2015, has lasted as the iconic, bucolic image of this Liberal
government's beginnings.
Two decades of «miracle» levels of investment - driven growth, the role of the financial sector
in that growth, and the unrealistic expectations that Chinese businesses, banks, and
government entities had consequently developed, reinforced by sell - side cheerleaders, made it obvious that the interlocking
balance sheets that make up the Chinese economy had added what
was effectively a highly «speculative» structure onto the way economic entities financed their operations.
(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 strong performance of populist parties
in Italy
is balanced against Germany forming a new
government.
The transactions we do really care about
are those which occur between these surplus ES
balances and the
government or other accounts because these transactions will actually change the total amount of surplus ES
balances in the market and change our supply of cash available.
Depending on how you count these things, this
is either the third or fifth return - to -
balance projection the
government has offered
in the last three years (first 2013 - 2014, then 2014 - 2015, then 2015 - 2016, then back to 2014 - 2015 and now back to 2015 - 2016).
As we have indicated, the achievement of a
balanced budget
in 2015 - 16
is not an economic or fiscal imperative, although the
Government has made it a political imperative.
Including Mr. Harper's vow
in 2008 that a
government led by him would «never» go into deficit, this
is the second time
in three years that the Conservatives have made a
balanced - budget promise during an election campaign only to abandon it after
being reelected.
They argue that, since 2009, the federal
government's plans to
balance the budget have
been based on «risky projections, optimistic forecasts of revenue growth and unrealistic plans for spending restraint», which have resulted
in increases
in the projected deficit with each successive budget, and the pushing out of the date that the deficit would
be eliminated.
If the deficit
was due to «extraordinary developments», the budget could
be in balance the following year, especially if the
government maintains its practice of including a risk adjustment factor or Contingency Reserve (normally $ 3 billion)
in its budget projections.
It
is important to understand how debt payments
are managed
in order to recognize that whether or not China's debt burden
is socialized has very little to do with the resolution of China's debt burden (aside from the fact that it never
was «off» the
government balance sheet
in any meaningful way), just as analysts must recognize that an unsustainable increase
in debt
is embedded into China's current growth model, and
is not an accidental bit of bad luck.
This
was not an issue when the federal
government was in deficit but became one once the budget
was balanced and annual surpluses, larger than forecast, emerged.
Given the
government's track record, the Fraser Institute
is quite justified
in questioning why Canadians should believe the Minister of Finance that the budget will
be balanced in 2016 - 17 or the Prime Minister who still claims that the deficit will
be eliminated
in 2015 - 16.
In addition, there is a lack of clarity as to what the Government proposes to do once the EI Operating Account is in balanc
In addition, there
is a lack of clarity as to what the
Government proposes to do once the EI Operating Account
is in balanc
in balance.
Although notional
in nature, this
balance has
been an ongoing embarrassment to the
government.
The freeze
in departmental operating budgets, therefore,
is not about achieving a
balanced budget
in 2015 - 16, but rather about demonstrating to its political base that it remains committed to reducing the size of
government
In the 2013 Speech from the Throne, the Government for some mysterious reason committed to balancing the budget in 2015 - 16 and that is the corner they have now painted themselves int
In the 2013 Speech from the Throne, the
Government for some mysterious reason committed to
balancing the budget
in 2015 - 16 and that is the corner they have now painted themselves int
in 2015 - 16 and that
is the corner they have now painted themselves into.
The aim
is to pull home ownership out of negative equity, rescuing the banking system's
balance sheets and thus saving the
government from having to indulge
in a TARP II, which looks politically impossible given the mood of most Americans.
This raises the question of whether the Finance Minister will
be able to
balance the budget
in 2019 - 20 if the
Government attempts to fully implement its election promises.
And there
is no shortage of potential catalysts to move this rally
in precious metals, both gold and silver, beyond the skepticism phase: military intervention on North Korea,
government shutdown as the debt ceiling
is reached
in September, further implications of Trump's collusion with Russia, and the beginning of
balance sheet reduction later this year by the Fed, to name just a few.
All this
was necessary to pay for the Family Tax Cut package while still honouring the
Government's commitment of a
balanced budget
in 2015 - 16.
The
government has also said it
is willing to consider, as part of a series of measures designed to improve work - life
balance, reversing the Franco - era decision that put Spain
in the wrong time zone.
Moreover, if the only issue that the media and some Canadians
are interested
in is how the
government will live up to its claim that it will
balance the budget
in 2015 - 16 then this issue can
be addressed without a full - fledged budget.
This, along with an overly rosy economic forecast and increased enforcement and compliance by the Canada Revenue Agency
were the main factors underlying the
government's forecast of a
balanced budget
in 2015 - 16.
Those
are big things to
balance, but the fact that the
government has indicated [it
's] interested
in the question
is a good sign and if [it
's] going to talk about more than just length of leave, it could
be a significant opportunity to make life better for families.»
For example, the Conservative
government has, along with implementing a series of modest tax breaks, promised to introduce income - splitting for couples with children under age 18, and to double the annual savings limit
in tax - free savings accounts — but only once the budget
is balanced.
Downward pressure would
be exerted on the rating if (1) there
is a significant deterioration
in the
government's
balance sheet (2) a substantial erosion of official financial buffers that undermines confidence
in the country's external stability; (3) the manifestation of significant political and / or social tensions that could hinder the country's medium - term growth prospects beyond Moody's current expectations.
By contrast, the G bonds that appear on the CB
balance sheet
in the case of QE
are only an internal funding mechanism from the CB to the
government, where the bond rate
is the «transfer price».
And to top things off, the
government has declared that
in the post-Afghanistan era, the Forces
are to find significant savings to contribute to a promised
balanced budget by 2015.
The GSA has
been listed on the «Best Places to Work
in the Federal
Government» for effective leadership, teamwork, pay, work - life
balance, and innovation.