Sentences with phrase «morneau deficit budget»

Stephen Poloz has already laid the groundwork for a Trudeau - Morneau deficit budget.
In both cases, Conservative parties were defeated by parties promising moderate progressive platforms that included tax increases and significant increases to public infrastructure investment and explicit commitments to run deficit budgets, for at least the short - term period in the case of the NDP.
Despite years of economic prosperity, the PCs have run deficit budgets since 2008 and do not appear to have planned for any economic downturns (even though the price of oil has always been cyclical in nature).
But the Alberta government's eighth consecutive deficit budget is ``... hardly sky is falling territory,» wrote University of Calgary economist Trevor Tombe in Maclean's Magazine this week.
That's doesn't include Obama's first year deficit budget, which was a carry over deficit from W's last year in office and was over by $ 1.3 Trillion and the debt ceiling was raised.
«The only way we can buy down the surplus is with deficit budgeting,» said Commissioner Steven Polit.
Read below: POOR BUDGET PRACTICES HURTING ROCKLAND COUNTY County Has Incurred Large Debt and General Fund Deficit Budgeting practices by Rockland County have left it with an accumulated deficit of more than -LSB-...]
«I have proven that this man had nothing to do with reducing the municipal deficit budget,» Porette said.
She also said the town may have to pursue a deficit budgeting model in the future.
County economic difficulties from last year, and deficit budgeting for this current year, have not simply disappeared.
Even Hein's Republican opponent apparently missed that report, in which fellow Democrat Auerbach wrote, «At the close of 2015, the county will have nearly tripled (his emphasis) the level of fiscal stress from the prior year due to deficit budgeting and decreasing fund - balance levels.
A Department for Education spokesperson said: «Where the board of an academy is proposing to set a deficit budget for the current financial year, it must notify the EFA.
The motion also gave the NAHT executive the right to encourage its members to take other steps, such as running deficit budgets in schools or refusing to file budgets to local authorities.
«Where the board of an academy is proposing to set a deficit budget for the current financial year, it must notify the Education Funding Agency (EFA).
When an academy is unable to set a balanced budget, ESFA must be notified within 14 days of the proposal to set a deficit budget.
This does not attract any extra funding; it is simply permission to set a deficit budget (which would otherwise be illegal) until it can be brought into balance.
NUNAVUT: The government of Nunavut, in its deficit budget, struggles to address poverty needs, housing and provide support to an education system which keeps its students in school.
A lot of people are running a deficit budget and wondering why things aren't moving.
We have been running the environmental equivalent of a deficit budget, which is sustained only by plundering our capital base, he writes.
We also put in a whole series of financial controls at the same time: if we're going to run a deficit budget, it must be approved by the membership; if we're going to make major expenditures beyond half a million dollars and the finance committee and the board don't agree, that has to go to the membership.
Canadian governments, for the most part, have reigned in their deficit budgets.
With about 200 new agents joining the Toronto Real Estate Board (TREB) every month during the current real estate boom, the membership has voted to adopt a deficit budget to whittle down surplus funds.
The deficit budget means that TREB members will see a dues reduction of $ 50 each this year, and an additional one - time «dues holiday» of $ 50.

Not exact matches

In the analysis, the individual income and payroll section of the budget resulted in a $ 3.3 trillion revenue deficit.
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.
Before any candidate sets out to make changes to Quebec's budget or economy, they'll have to address the deficit the province currently faces (exceeding $ 2 billion), which has become a major campaign issue.
While last week's budget vote cleared the way to begin the tax reform effort, 20 Republicans voted against it, citing issues with the elimination of state and local tax deductions and a massive expansion of the federal deficit.
Most chatter about the 2016 federal budget will be about the size of the deficit.
Ahead of the 2016 federal budget, I had a list of eight things to watch for, beyond the size of the deficit.
The Ontario Liberal Party, which tabled a budget Wednesday, will not crawl out from deficits until 2024 - 25 — provided the party can stay in power until then.
Deficit will be President Donald Trump's legacy, financial strategists are warning as the U.S. budget expands to accommodate the government's spending plan.
«With limited resources and budget deficits across the country, governments must refocus their efforts and spending on key priorities.
In his first term, Bush won passage of tax cuts that helped swing the federal budget from surpluses to deficits.
It essentially obliterates bipartisan spending caps established in the Budget Control Act of 2011 that had kept recent deficits partially in check.
After eight consecutive years of deficits the goal of a balanced budget remains elusive.
Last June, the Congressional Budget Office (CBO) forecast that deficits would reach $ 1 trillion in 2022.
The U.S. government's huge and growing budget deficits have become gargantuan enough to threaten the great American growth machine.
Justin Trudeau, the Liberal leader, pointed out that his predecessors bequeathed Harper big budget surpluses that he turned into deficits.
Office of Management and Budget Director Mick Mulvaney argued earlier this week on CNN's «State of the Union» that increasing the federal deficit is necessary to unlocked the desired economic growth the Trump administration has targeted.
Balanced - budget law allows the federal government to run a deficit when recession looms.
Finance minister Philip Hammond has said that promise makes it harder for him to bring down Britain's budget deficit.
The economy is really being supported — this isn't just in the United States, it's in Japan, the ECB and Britain — the economy is being supported by quantitative easing that is allowing for a massive budget deficit and money printing exercises to go on... As you address the fiscal problems, you are going to have weak economic growth.
Running a budget deficit is certainly appropriate given the current economic situation.
The Trump administration's proposed budget contained similar assumptions that the tax plan would reduce the deficit and overall debt load, something that was widely contradicted by economists.
Moscovici made much of the fact that for the first time since the euro was born in 1999, no country in 2018 will have a budget deficit over 3 percent of annual GDP — a key limit that governs the single currency and which has been flouted by many countries.
Low rates could also help shrink the federal budget deficit by easing the government's borrowing costs and generating tax revenue from stronger growth, Bernanke argued.
He joined fellow Republicans in delivering Trump's greatest victory so far, backing the $ 1.5 trillion tax cut despite his own expressed concerns about budget deficits.
Premier Kathleen Wynne defended the government's pre-election budget, which will run a $ 6.7 - billion deficit in 2018 - 2019, saying Moody's change wasn't a credit downgrade, which would effect borrowing costs for the province.
Canada's new Federal Balanced Budget Act allows for budgetary deficits when a recession is «has occurred, is occurring or is forecast» — a condition met by TD's recession projections.
If the Central Bank creates money to refinance the bonds, then it will, effectively, be printing money to fund the government's budget deficit.
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