Sentences with phrase «crash public deficit»

Not exact matches

Prime Minister Justin Trudeau and some of the provinces were able to offset the commodity - price crash of 2014 - 15 with deficit spending because Canada's public finances were in excellent shape.

In 2010, George Osborne presented an austerity budget to the House of Commons claiming that the country faced an economic crisis with an unsustainable public debt, then at 64 % of GDP, and a huge deficit, and that this was the fault of the outgoing Labour government, which had caused the 2008 financial crash due to profligate public spending.