Sentences with phrase «of budget balance»

Instead, at the first glimmer of budget balance since 2000, the Governor is proposing to create a series of projected budget gaps for future years.

«The strong improvement of the budget balance in 2017 was to a large extent the result of the improving economic environment,» Maartje Wijffelaars, an economist at Rabobank, told CNBC via email.

Senior reporter John Dickens spoke with three school leaders from across the country to discuss the fine art of budget balancing.

Not exact matches

There is good reason to think the Bank of Canada governor had reservations about former prime minister Stephen Harper's obsession with balancing the budget.

Breaking with Ottawa's decades - long obsession with balanced budgets became a key point of differentiation

April 30 - A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014..

There is little talk of tax cuts and balanced budgets, items which form the economic lodestar of the Official Opposition; think tanks such as the Fraser Institute, the Macdonald - Laurier Institute, the Atlantic Provinces Economic Council; and almost everyone who writes a column for the Financial Post, including former finance minister Joe Oliver.

What Oliver should have done was backtrack on Harper's pledge to balance the budget, recognizing that the collapse of oil prices would cause private investment to disintegrate.

The CAQ has come out swinging with the promise of balancing the province's budget within a year of being elected.

He warns us that history is about to repeat itself in Alberta, Ontario, Quebec, and most of the rest of the provinces unless they rediscover the religion of balanced budgets.

He attempted to perform a balancing act between stimulating the economy and keeping control of the budget — the same two things Alberta's current NDP government finds itself trying to do.

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.

Eight months earlier, when a Conservative member of the House of Commons finance committee asked him to comment on the merits of a balanced budget, Poloz demurred.

When asked to rate how important it was to run a balanced budget, May said: «In the scheme of things, not very.»

Wave upon wave of higher interest rate costs will crash any attempt to build a balanced budget.

After eight consecutive years of deficits the goal of a balanced budget remains elusive.

Poloz and his deputies were working in the shadow of a prime minister who was committed to balancing the budget.

The authors said Trudeau's fiscal stimulus would add 0.5 % to economic growth this year and next, allowing the economy to reach its non-inflationary level of potential output faster than if former prime minister Stephen Harper's obsession with a balanced budget had remained Ottawa's priority.

They elevate the importance of balanced budgets by trying so hard to convince voters that they too would run tight fiscal policy.

One - time events, such as the partial sale of Hydro One, have created the impression that balanced budgets are within reach.

Instead of a rush to balance the budget, he assumed the government aimed to cover all its expenses with the exception of interest payments, or a «structural balance.»

Budget 2015 left very little margin for error when it came to balancing the books, with a projected surplus of $ 1.4 billion plus an additional $ 1.0 billion as a contingency reserve, giving the federal government a $ 2.4 billion margin for error.

The IMF was once a reliable ally of policymakers who see balanced budgets and lower taxes as the answer to every economic problem.

April 30 (Reuters)- A state of Michigan board voted on Monday to end active oversight of Detroit's finances after the city managed to balance its budgets since exiting bankruptcy in 2014.

Net debt as a share of GDP is low (only Saskatchewan and Alberta's are lower), and B.C. has a shot at balancing the budget in 2013 - 14 — along with Saskatchewan, Quebec, and Nova Scotia.

Together, these revenue increases are projected to be sufficient to balance the budget in each of the next three years.

Glen Hodgson, senior vice-president and chief economist, Conference Board of Canada It's good that the government is still shooting to balance the budget by 2015 and gives itself room to do it at least a year earlier.

OTTAWA — Mandatory balanced - budget legislation, interprovincial booze runs, public sector bashing and lifetime prison terms are among a grab bag of populist Conservative promises in a mid-mandate policy makeover.

Another beneficiary of the Tea Party wave, Mulvaney serves on the Budget Committee, and earned conservative cred as a co-author of the Republican «Cut, Cap and Balance» legislation.

The boom years for employment and balanced federal budgets in the 1990s had everything to do with the emergence of the Internet rather than with any enlightened economic policies.

«The survey findings confirm that budget - constrained small businesses are playing tug of war when it comes to balancing smart IT purchasing decisions and their budgets,» Stephen DiFranco, the general manager of HP's Personal Systems Group — Americas, said in a statement.

Legislators in a handful of oil - rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices.

«How he gets to balanced budget is open to debate,» says Philip Romero, dean of the College of Business and Economics at California State in Los Angeles.

There is plenty of time to introduce these commitments in future budgets: they came with the proviso they would not be implemented until the budget was balanced, which the Department of Finance forecasts will occur in fiscal 2015 - 2016.

The economic landscape since then has clouded over considerably, suggesting that the achievement of a balanced budget by fiscal 2015 - 2016 could be too rosy an assumption.

While Congress generally found a way around the most unpleasant aspects of 1980s - era cliffs, their presence imposed a parsimonious mood on Washington that eventually resulted in the balanced budgets of the Clinton years.

It took some painful cuts and some reorganization of state agencies to balance the budget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget Offbudget, and Texas is one of only seven states — mostly oil - producing ones — that saw revenues decline last year, according to the National Association of State Budget OffBudget Officers.

The parliamentary budget office's report says the slippage in spending is likely to affect the budgetary balance sheet by reducing planned deficits in one year at the expense of deeper spending in future years.

A GfK Roper poll sponsored by the Associated Press and conducted around the same time showed 69 % felt taxes would have to be increased to balance the budget, compared to just 29 % of Americans who felt it could be balanced without raising taxes.

«If you look out into the medium term, the effect is okay so that we can balance the budget in the medium term — and that is around 2014 - 2015 or so, depending on the degree of economic growth,» Flaherty said.

Ronald Reagan spent much of 1981 and 1982 claiming that economic growth would balance the budget.

The slump has left the province facing a budget deficit and Prentice in the tough position of balancing the books while maintaining his commitment not to hike taxes.

While budget 2013 didn't feature many goodies for the personal finances and portfolios of Canadians, there was good news in the commitment to balance the budget by 2015.

Page 287 of the 2014 Budget has an estimate that a 1 - percentage point decrease in GDP growth would reduce «the budgetary balance by $ 3.7 billion in the first year, $ 4.5 billion in the second year and $ 6.0 billion by the fifth year.»

We also recognize that balanced budgets are important to the long - term prosperity of this country, inspiring confidence in investors and consumers, whose dollars grow the economy and create jobs, and ensuring interest rates stay low.

We're now approaching the end of that «next term,» and the budget is pretty close to being balanced, so we're now seeing increased attention to TFSAs as we get closer to the 2015 federal budget.

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.

Last year, when asked about balanced budget legislation he told the House of Commons Standing Committee on Finance «I don't think writing something into law, and then expecting that future governments will be held by that, is realistic.»

In Mr. Cross» defense, he does not appear to be a fan of balanced budget legislation in the first place.

Many of these companies already enjoyed a bump in share prices when the Liberals won the election, and again after the budget announcement, but Nazir thinks the real gains will come once the extra cash starts showing up on balance sheets.