Sentences with phrase «balanced budget target»

As we noted in our assessment of the November 2013 Update and confirmed by the PBO in a recent article entitled «Revised PBO Outlook and Assessment of the 2013 Update of Economic and Fiscal Projections», the Government is using higher - than - required EI premium rates to achieve its balanced budget target in 2015 - 16, despite the denial of this by the Minister of Finance.
The Update incorporates the October average private sector economic forecasts and an increased «adjustment for risk» for 2011 - 12 to 2013 - 14, as well as an increase in employment insurance rates of only 5 cents (employee rate) for 2012, rather than the 10 cents set in legislation As a result, the balanced budget target is delayed from 2014 - 15 to 2016 - 17, prior to the inclusion of the Targeted Strategic and Operating Review Savings (now called «Deficit Reduction Action Plan Saving Target»).

Not exact matches

Ontario has set out a target to balance the budget within a few years, as has Quebec, whose debt burden is slightly heavier.
Although OPEC and allies have never officially targeted any specific price of oil with the production cut agreement, each member of the pact knows very well where they want oil prices to be in order to balance their budgets that have been stretched thin in the price plunge.
After all, crude oil and commodities prices are still so low that plunging resource revenues forced Ottawa to defer its target date for 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.
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.
In proposing balanced budget legislation, the Harper Government has indicated that the debt - to - GDP ratio will continue to decline below its target of 25 per cent of GDP.
The numeric average of different forecasts can be argued to provide a sense of confidence that the government is not providing upward bias to its projections that would facilitate hitting its 2015 budget balance targets.
The Osborne plan (and the Coalition Agreement) called on Conservative and Liberal Democrat ministers to achieve a cyclically - adjusted target to reduce government debt as a share of national income between 2014 - 15 and 2015 - 16 and, politically and economically most significant, to do so by achieving a budget balance by the end of the Parliament.
The council can only meet the legal requirement to balance its budget by raiding # 3milion from its reserves while carrying out a raft of mid-year spending cuts, including cutting personal budgets for adult care users by a fifth and targeting high - cost adult care packages for reductions (appendices 4 and 5, pages 12 - 13).
Other key economic targets that could not be realized were the real GDP, budget deficit and fiscal balance.
I guess most of us who do budget (or budgeting plus short - term targeted savings, like we do) enjoy some more accountability — or, conversely, freedom — to keep us balanced.
The document also shows that subsidies were reduced to balance the budget and target wasteful consumption and emissions.
Right - wing convention backers mounted a strong push in this year's legislative season, but came up empty - handed in several of their target states and lost momentum when three states (Maryland, New Mexico, and Nevada) voted to rescind their balanced budget amendment convention calls.
It used to be that the Presidential trick was to set goals, such as «balancing the budget» targeted at a date several years after he has left office.
Professional Skills • Proven ability to meet deadlines • Demonstrated effective management skills including shift scheduling, balancing of workload and managing the staff • Ability to ensure smooth café running within budget • Profit loss analysis, setting of business targets for the team and meeting them by month end
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