Sentences with phrase «run a deficit of»

With the federal budget coming soon, it is also worth recalling that the Liberals promised to run deficits of no more than $ 10 - billion for a maximum of three years, but the government's latest projections peg its annual deficits at almost $ 30 - billion with no timeline for returning to a balanced budget.
Operating under assumptions necessitated by Governor Andrew Cuomo's two - percent tax cap plan, projections show that Onteora will run a deficit of $ 11.3 million by 2017.
The statement cautioned: «Schools now face unprecedented financial pressures and will be running deficits of between # 150,000 and # 500,000.
«Schools now face unprecedented financial pressures and will be running deficits of between # 150,000 and # 500,000,» their statement continues.
Emissions trading will only be viable in China's electricity if its helps to solve some of the sector's existing challenges — inefficiency in overall generation, running deficits of coal generators, system reliability — while contributing to balanced economic development objectives.
Finance Minister Dwight Duncan forecast that Ontario, which has the largest economy and population of any Canadian province, will run a deficit of $ 16.3 billion for the 2011 - 12 fiscal year.

Not exact matches

Higher U.S. yields can put pressure on the currencies of emerging market countries that run current account deficits such as Indonesia and India, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation in Singapore.
Grantham believes it's likely the majority of pension plans will run a long - term deficit, and this will have major policy implications for government.
Let us make no mistake about it: Canada is running a deficit, and it is entirely appropriate for it to do so given the state of the economy.
That should ensure that borrowing costs will remain low, but in the longer - run trade deficits and shrinking current account surpluses could threaten Japan's ability to finance a debt pile that is twice the size of its economy, the highest ratio in the developed world.
In January and February, the U.S. trade deficit with those three large economic systems, accounting for about 40 percent of world's demand and output, was running at an annual rate of $ 612.3 billion, a 3 percent increase from the same period of 2017.
The American trade deficit with China in January and February was running at an annual rate of $ 391.2 billion — a 20 percent increase over the same period of 2017.
Meanwhile, despite our reputation for fiscal prudence, which Flaherty flogs to anyone who will listen, Canada is now running a record deficit of more than $ 55 billion.
By running the risk of higher deficits, the Trump plan could damage the credibility of Republican lawmakers who spent years railing against the rising national debt under former President Barack Obama.
The United States runs a hefty goods trade deficit with China of $ 375 billion.
Following the 2015 election, the Liberal government abandoned pledges to run annual deficits of no more than $ 10 billion and to balance the books in four years.
According to Trump's own trade representatives, the answer is no — the U.S. does run a deficit with Canada when it comes to goods, but its surplus in services far outweighs that, leaving an overall surplus of $ 12.5 billion for 2016.
In normal circumstances he believed in a balanced budget and maybe a bit of a surplus for bad times but what he believed was fatal to a nation was running deficit trade imbalances.
Company owners who have large amounts of inventory and run into cash deficits between selling the inventory and the time it takes to get paid can leverage the inventory for a line of credit.
Excess capacity in the private sector, most importantly in the job market, is still the biggest problem we face, and given the cost of capital right now, the best way to both reduce unemployment and the short - run deficit is to grow faster.
By second - order effects, I mean whether cutting the deficit will in the short run increase other forms of investment and consumption demand by increasing confidence or reduce other forms of investment and consumption demand by reducing spending.
This reflects a view that Trump has consistently maintained in his personal rhetoric and that has been reflected in the official documents put out by some of the members of his trade team — trade deficits are per se bad, reducing them induces prosperity mechanically, and so there is no downside to a trade war with a country with whom the United States runs a large trade deficit.
For much of the nineteenth century, the United States also ran trade deficits and capital account surpluses, but while there were already capital flows driven by investors making independent decisions about where to park their money, roughly 90 percent of the international business done by London banks consisted of trade finance.
U.S. investment exceeds U.S. savings, and the United States runs a trade deficit that is by definition equal to the gap between investment and savings.1 It also runs a capital account surplus equal to the gap because this is the amount of net foreign capital inflow that bridges the gap, and the trade account and the capital account for any country must always balance to zero.
While I understand that the NDP must feel intense pressure to capture votes — including from people who have never taken a course from John Smithin — I often wish that the NDP would show a bit more policy leadership on the issue of the deficit and debt. I was particularly disappointed during the 2008 federal election campaign when Mr. Layton stated, unequivocally, that the NDP would not run a deficit in the following year if elected (even though it was clear that Canada was entering a recession).
Finally, while many emerging - market economies tend to run current - account surpluses, a growing number of them — including Turkey, South Africa, Brazil, and India — are running deficits.
The United States runs a deficit with countries who fit at least one of the following three criteria.
If the House passes their bill and the Senate passes theirs, they'll have to hammer out a version in conference committee that satisfies House leaders while not running afoul of the long - run deficit rule.
The Conservative government has run a deficit since 2008 - 09 and, has left future generations of Canadians additional debt of more than $ 150 billion.
The government would like to run on a record of good economic management, defined as simply eliminating the deficit.
If the Conservative government wants to stabilize the debt - to - GDP ratio at 25 per cent, then at that ratio, the government must run a permanent and growing structural deficit that will result in the government's debt increasing at the same rate of growth as the economy.
While China was busy selling more to the U.S., it was buying more from other countries, and ran a $ 9.86 billion deficit with the rest of the world in the quarter.
With its flexible financial system and the gradual elimination by the 1970s of all capital restrictions, the United States was able quickly to adapt, and began running large trade deficits whose costs, in the form of unemployment and consumer debt, it was willing to absorb for geopolitical advantage, the importance of which soared during the Cold War.
The fragility of Italy's application — high levels of debt, runaway deficits — was underscored the next year when Italy was expelled from the exchange rate mechanism and came close to running out of money.
If China runs a capital account deficit and the US a capital account surplus, and these are roughly equal to net purchases by the PBoC and other Chinese government entities of US government bonds and US assets, China will run a current account surplus exactly equal to its capital account deficit.
However, in times of recession, you want government to run a deficit.
But the president declared that the United States would no longer tolerate running a trade deficit of nearly $ 400 billion with China, its second - largest trading partner, after the European Union.
The United States during this period ran large trade surpluses and capital account deficits as it exported its excess savings to fund its net exports while the growth of its trading partners was constrained by their urgent investment needs.
Trump was overheard telling donors at an event in Missouri the previous night that he insisted to Trudeau that the United States runs a trade deficit with its neighbour to the north — without any idea of whether this is the case.
If there is such a thing as a global engine of growth, in the latter case, it is the country that is able (or is forced) to import the most amount of capital and export the most amount of demand (i.e. run the largest trade deficit).
But according to a recent C.D. Howe study, the federal government could run a permanent structural deficit of 1 % of GDP ($ 20 billion) and still maintain a stable debt ratio of 25 %, which happens to be the Conservative government's target for 2022.
There is no narrative that sets out the longer - run economic and social challenges, and there is no discussion of how these challenges are interrelated Eliminating the deficit has been the cornerstone of the government's fiscal policy since 2010.
«The concern now is that the Fed may run out of Treasuries» During 1936 - 1937 the reserve authorities raised the reserve ratios in an effort to reduce the huge volume of excess reserves in the member banks, while at the same timer being forced to continue purchasing operations in order to assist the treasury inn its deficit financing.
Most managers running retail and pension money have no idea what a triple - hook rating means for any company with massive cash flow deficits operating in a financial environment in which the Fed is not printing trillions of dollars that can be recycled into bad ideas.
In our view running annual deficits approaching 2 per cent of GDP would be «imprudent» and would put at risk the government's commitment to a «sustainable» fiscal framework.
The problem is for this or other currencies to become international reserves held by foreign central banks, the issuing nation has to run a balance of payments deficit to pump this currency into the global economy.
If you are right about secular stagnation, the nations of the world need their governments to run bigger deficits, at least for now and maybe indefinitely.
Our plan has run large deficits the past several years and, as a result, we are in the midst of making some major changes.
The National Bank have published a very useful and interesting report on the current account deficit, which is now running at about 3 % of GDP.
I'm not sure how Obama thinks he can smooth this one by all Federal taxpayers outside of the State of Illinois (which itself is running something like an admitted $ 21 billion budget deficit).
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