Sentences with phrase «government would balance the budget»

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.

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.

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.

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.»

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.

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

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.

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.

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.

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.

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.

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.

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.

It would then directly affect the federal government's budget balance.

The Fraser Institute has raised valid concerns about the Government's ability to achieve a balanced budget in 2016 - 17 as forecast by the Minister of Finance, or by 2015 - 16 as forecast by the Prime Minister..

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.

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.

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.

In affect, it would commit the government to balanced operating budgets (BOB) but not necessarily balancing the total budget (BBL).

This large difference leads to two conclusions: first, fiscal forecasting by the Department of Finance has lost all credibility, and second, the Government is on track to meet its balanced budget commitment for 2015 - 16 if not sooner.

First, the Government announced that it would introduce balanced - budget legislation.

VICTORIA, B.C. — 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.

First, the Department of Finance decided to build additional prudence into the April 2015 Budget for 2015 - 16 to ensure that the Government's commitment to a balanced budget would be met under any circumsBudget for 2015 - 16 to ensure that the Government's commitment to a balanced budget would be met under any circumsbudget would be met under any circumstance.

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 into.

According to Oliver's statement the government has an «unwavering commitment to balance the budget», but right now, because of lower oil prices, no one believes that Oliver can do it without some «voo doo» budget magic.

«Our Government's sound economic management and unwavering commitment to balance the budget this year — while creating jobs, growth and long - term prosperity for Canadians — has resulted in a resilient economic performance in a challenging global economy.

Based on our assessment of the proposed expenditure «savings», we believe that the Government will not balance the budget in 2015 - 16, and may have difficulty in achieving a balanced budget by 2016 - 17.

No balanced - budget legislation has ever existed for the federal government.

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.

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.

Immediately after explaining in his budget speech why the government would not be keeping its commitment to balancing the books, Finance Minister Charles Sousa talked about the need to give hospitals the biggest funding increase they have seen in almost a decade.

Liberal Leader Justin Trudeau said the numbers show the Conservatives have been unable to balance the budget except for the surplus they inherited from the former Liberal government a decade ago.

Prime Minister Harper and our Conservative government have a proven record of bringing our taxes down, creating jobs, balancing the budget, and leading our country successfully through global economic turmoil.

Apart from balancing the budget, the third Harper government has considered trade its highest priority.

With the Alberta twist on LOL — lower for longer oil prices — the government has cancelled its earlier promise of a balanced budget by 2020.

Will @ Card Guys Blog writes Zero - based budgeting for your household — If you have tried to reign in your spending and get control of your unwieldy household finances, but still the credit card balance and other loans are heading upwards, you might be ready for a tool many governments and companies have used successfully — zero - based budgeting.

Accompanying the budget, the NDP government has produced a plan to return to balance by 2023, a plan built on a rickety foundation that assumes that the Kinder Morgan pipeline will be built and operate at capacity, that...

They stand alone in Canada as having delivered five consecutive balanced budgets and have put our province in the unique position to pay off the government's operating debt by 2021.

While the government is still forecasting a balanced budget, all the elasticity (read: available money) in the current fiscal has now been used up with the new taxation and spending measures announced today.

While Budget 2018 manages to shrink the projected deficit to $ 18.1 billion from the Fall 2017 Update's projected $ 18.6 billion, government has promised $ 21.5 billion in new spending yet does not set out a path to return to balanced budgets.

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 Harper Government has set a political commitment to balance the budget in 2015 - 16, but this is not an economic or fiscal imperative.

Unfortunately, Budget 2017 did not meet those expectations, and the government has not shown how — or when — they plan to return our country to a balanced bBudget 2017 did not meet those expectations, and the government has not shown how — or when — they plan to return our country to a balanced budgetbudget.

Even if the government ran a balanced budget or a budget surplus, the Fed would still be able to inflate the money supply (therefore, Mr. Hussman, with whom we agree on nearly everything else in his highly readable weekly comments, is in error on this particular point).

 The Harper government's decision last year to write off every penny of the auto aid and thus build it all into last year's deficit calculation (which I questioned at the time as curious and even misleading) has already been proven wrong. Since the money was already «written off» by Ottawa as a loss (on grounds that they had little confidence it would be repaid — contradicting their own assurances at the same time that it was an «investment,» not a bail - out), any repayment will come as a gain that can be recorded in the budget on the revenue side. Jim Flaherty has learned from past Finance Ministers (especially Paul Martin) that it's always politically better to make the budget situation look worse than it is (even when the bottom has fallen out of the balance), thus positioning yourself to triumphantly announce «surprising good news» (due, no doubt, to «careful fiscal management») down the road. The auto package could thus generate as much as $ 10 billion in «surprising good news» for Ottawa in the years to come (depending on the ultimate worth of the public equity share).