March 18, 2018

Promising federal budget ignores debt and deficits

02 March 2018, 07:07 | Santos West

Trudeau Budget Offers More Money To Process Illegal Refugees

Some analysts predict federal Finance Minister Bill Morneau may show restraint while announcing the next federal budget

Prime Minister Justin Trudeau is a proud science fiction fan, but his government's third budget is much more focused on uncovering new scientific facts.

The Liberal government is championing its values - and its spending - in a federal budget that reads like a campaign-friendly road map created to ensure that no woman, scientist or national wildlife area gets left behind. The deficit for the upcoming year (2018/19) is pegged at $18.1 billion, with cumulative deficits of $72.8 billion over the government's first mandate.

The Canadian government has introduced a net $20.3 billion in policy actions, net of new taxes, through 2022.

Prime Minister Justin Trudeau is rejecting suggestions his government should have moved to tax foreign web giants in his recent budget, saying he doesn't want to hurt Canadian taxpayers.

The Canadian Wildlife Federation, one of the country's leading environmental organisations, said that it was "looking forward to working with the federal government to target this funding to achieve effective conservation for species at risk, fish habitat, and marine mammals". I mention this because one of the arguments for legalization from Mr. Trudeau was that there would be less need for law enforcement.

As we approach the next election in 2019, the Liberals see much more upside potential on their left flank than on their right, and that's the obvious political play they're making with this budget.

It is an argument the Liberals make most strongly when devoting dollars to things near to their progressive hearts.

The budget also brought some big news for non-academic research institutions, which have largely been flying under the radar in science policy debates. "The objective of this investment will be to better support early-career researchers, while increasing diversity among nominated researchers, including increasing the number of women who are nominated", the budget noted.

The budget plan acknowledges that the government heard "the strong and united message from Canada's research community on the importance of investing in the future of Canadian research".

Samsung Galaxy S9's Camera beats Google Pixel 2 with Record DxOMark Score
There isn't too much information that can be gleaned from the benchmarks, but there are a few important things we've learned. The majority of new flagships offer improvements over their predecessor, and the same can be said for the Galaxy S9 .

A national pharmacare plan is seen as a major undertaking with a hefty price tag.

Are you more or less confident about Canada's economic outlook after the budget?

The government also pledged $572.5 million to implement a Digital Research Infrastructure Initiative to improve access to advanced computing and big data resources.

This week's budget announcement comes as the House of Commons health committee prepares to table its own report on a national pharmacare program later this month, after almost two years of study. Indeed, the lack of affordable child care expansion is an oversight for a government committed to growing female participation in the workforce.

However, Adshade said the budget fails to help women in Canada who are single parents.

In the budget, Morneau opted to hold the line on corporate taxes in Canada, choosing to help businesses in other ways, including with spending to help women-led businesses grow, innovation and diversification of trade. The government is ordering the RCMP to re-examine all of its sexual assault cases going back to 2015 - just in case they didn't reach the correct conclusion. "Funding would be used to manage the increased number of people seeking asylum in Canada this year".

It also allows the Liberals to continue telling a story that sets them up in contrast to the Conservatives.

The Liberal government is also committing to increasing its overseas humanitarian aid budget by $2 billion over five years, which the budget says will be focused on supporting women and girls through its feminist global development policy.

Morgan, who appeared before the committee during its last public hearing in the fall, said Liberals on the committee were clearly leaning toward some type of universal plan.

"Please, take our idea", Singh said Tuesday.

Other News

Trending Now

Snap royalty Kylie Jenner helped erase US$1.3 billion
This week, Kylie Jenner demonstrated just how powerful Kardashian and by annihilating Snapchat in about 100 characters. But for Snap short sellers , the tweet was welcome news after an earnings beat took many off guard earlier this month.

Ramsey not giving up on Premier League top-four finish
Ask Arsene Wenger to picture his ideal Arsenal performance right now and one suspects the mental image would be shadowy and faint. Even new January recruit, Pierre-Emerick Aubameyang looks lost already, unable to dispatch a penalty past Ederson.

Vonn has lead after downhill in Alpine combined
Shiffrin, who is uncommonly open about her occasional struggles with anxiety, said, "It's really been a mental rollercoaster". Speaking before the Winter Games, the American said she was "99.9 per cent" sure she would not compete after this year.

I shouldn't have removed my silver medal: Canadian hockey star
Canada's Tessa Virtue and Scott Moir cement their ice dance legacy by winning their third Olympic gold and fifth Olympic medal. It would be one of the most, if not the most, incredible stories ever carved out on a sheet of ice.

Insane scenes as Germany upsets Canada in ice hockey
And while it appeared the US team would once again flop after losing four of its first six games in round-robin play here. The United States had not won an Olympic gold medal in women's hockey since 1998 , while Canada had won four straight.

All of Vikings' QB eggs appear to be in Kirk Cousins basket
Alex Smith was traded from Kansas City to Washington, essentially assuring Kirk Cousins becomes a free agent. McKissic, Kerwynn Williams, Benny Cunningham, and Corey Grant are all interesting potential recruits.

MWC 2018: Samsung Galaxy S9, Galaxy S9+ subject to 'final' leak
With that said, the Samsung Galaxy S9 event live stream will certainly give us a phone that is better than what we had before. One of the new features is App Pairing, which allows you to create shortcuts for two tasks opened in multitasking mode.

Trump argues for arming teachers to stop school shootings
Authorities say he was armed with a semiautomatic AR-15 assault-style rifle that he had purchased legally a year ago . Numerous teenagers and their parents taking part have called for more curbs on guns.

Arsene Wenger speaks ahead of Carabao Cup Final
England forward Sterling, who is struggling with a muscle injury and missed the Wigan match, will be assessed ahead of the final. I am not so dramatic in the good moments when there are nice words about us, and I am also not so dramatic when you lose a game.

Wauconda, Illinois being mistaken for Black Panther's Wakanda
Now, T'Challa has done it again, clawing his way to a massive Thursday night to knock Earth's Mightiest Heroes from their perch. Boseman was already convincing in " Civil War " and now having his own film proves that his potential was anything but wasted.