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Liberals inherit deficit that could jeopardize

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Liberals inherit deficit that could jeopardize budget goals: report


Political | 206867 hits | Nov 10 8:23 am | Posted by: andyt
19 Comment

Updated PBO forecast projects a $1.2-billion surplus this year, followed by a $3-billion deficit in 2016-17

Comments

  1. by avatar andyt
    Tue Nov 10, 2015 4:24 pm
    Thanks, Steveo.

  2. by avatar 2Cdo
    Tue Nov 10, 2015 4:34 pm
    "andyt" said
    Thanks, Steveo.


    The old "deficit is worse than we thought" line, and andy gobbled it up like a bass on a spinner bait.

  3. by avatar 2Cdo
    Tue Nov 10, 2015 4:37 pm
    Of course they can't balance a budget by 2019 because they never planned to rein in spending. Just hand over your wallets and purses right now, the Liberals know better than you how to spend your money.

  4. by avatar andyt
    Tue Nov 10, 2015 5:39 pm
    That dirty PBO, playing right into the Liberal's hands. We always knew he was dirty with all the critical reports he filed against the saviors of the country.

  5. by OnTheIce
    Tue Nov 10, 2015 5:49 pm
    The updated PBO forecast projects a $1.2-billion surplus this year, followed by a $3-billion deficit in 2016-17. Deficits in the next four years are forecast to fall between $4-billion and $5-billion. These figures do not include money set aside for contingencies.


    To confirm, the Liberals were left with a balanced budget and a surplus. If they want to correct the numbers going forward, it's on them.

    If the Liberals are able to jump and start on all their other plans now, surely they have enough time to get the books in order.

  6. by avatar Freakinoldguy
    Tue Nov 10, 2015 8:00 pm
    And so it starts. That sure didn't take long. ROTFL

    It's all the Conservatives fault.


    Suck it up folks. You told us not to bitch about Martin and Chretien so, you can't bitch about Harper.

  7. by avatar uwish
    Tue Nov 10, 2015 8:00 pm
    Yeah I am getting a sense of doge and weave already....

  8. by avatar ShepherdsDog
    Tue Nov 10, 2015 9:12 pm
    I'm just sad that there'll be less in our wallets soon, but that won't stop the MPs from voting themselves another pay raise :? Time for the middle class to reach for the KY jelly.

  9. by avatar bootlegga
    Tue Nov 10, 2015 9:57 pm
    I don't see what the big deal is, as Trudeau was already planning on running a deficit for the next three years...

  10. by avatar Freakinoldguy
    Tue Nov 10, 2015 10:05 pm
    "bootlegga" said
    I don't see what the big deal is, as Trudeau was already planning on running a deficit for the next three years...


    They're just pre planning for when his 145 billion dollar completely underfunded Publishers Clearing House give away comes home to roost. ROTFL

  11. by avatar ShepherdsDog
    Wed Nov 11, 2015 12:05 am
    According to one of Trudeau's economic advisers/consultants, who was on CBC a half hour ago, the CPC isn't responsible for the economy stuttering. However, he did say their economic forecasts were faulty.

  12. by avatar BRAH
    Wed Nov 11, 2015 12:57 am
    "2Cdo" said
    Thanks, Steveo.


    The old "deficit is worse than we thought" line, and andy gobbled it up like a bass on a spinner bait.

    :lol:

  13. by avatar sandorski
    Wed Nov 11, 2015 1:04 am
    $5billion Deficit is nothing to worry about.

  14. by avatar fifeboy
    Wed Nov 11, 2015 4:00 am
    "2Cdo" said
    Thanks, Steveo.


    The old "deficit is worse than we thought" line, and andy gobbled it up like a bass on a spinner bait.
    Or...Steve lied by saying the budget would be balanced :mrgreen:



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