Tag Archive: Federal Liberals back away from vow to keep annual deficits under $10 billion

Federal Liberals back away from vow to keep annual deficits under $10 billion

Federal Liberals back away from vow to keep annual deficits under $10 billion By Andy Blatchford — The Canadian Press OTTAWA – The finance minister is highlighting three economic priorities for the new government — but the Liberal campaign vow to cap annual deficits at $10 billion is apparently no longer among them. Bill Morneau avoided a question Wednesday when asked about the party’s promise to keep annual shortfalls under the ceiling. Instead, he told reporters that the government will focus on its election pledges to invest in infrastructure, lower the federal debt-to-GDP ratio and balance the books in the… View Article