Flaherty 'open-minded' on budget
By Meagan Fitzpatrick, CBC News
Posted: Mar 4, 2011 12:34 PM ET
Last Updated: Mar 6, 2011 11:03 PM ET
Finance Minister Jim Flaherty announced on Wednesday that the federal budget will be presented on March 22. (Adrian Wyld/The Canadian Press)
Related
The date for the next federal budget is set for Tuesday, March 22, which means there is less than three weeks to go until Canadians could learn whether they will be heading to the polls for a spring election.
The opposition parties will not necessarily pronounce that day whether they will support Prime Minister Stephen Harper's sixth budget or not, but based on the lines they've already drawn in the sand, it may not be hard to guess.
The Liberals, NDP and Bloc Quebecois have all made it clear what they want to see in the budget and Finance Minister Jim Flaherty has also given some indications of whether they will find what they're looking for.
"There will be nothing about corporate taxes in the budget. Nothing," Flaherty said emphatically on Wednesday when he announced the budget date.
Liberal Leader Michael Ignatieff has been demanding a rollback of the corporate income tax rate to 18 per cent, from the 16.5 per cent rate to which it was cut in January. If he sticks to his position that the government is making poor spending choices that his party won't support, the budget vote's fate will be left up to one of the other two parties.
The NDP's stated wishlist includes help for seniors and lifting the GST on home heating bills, while the Bloc Québécois wants more than $2-billion in compensation for Quebec for harmonizing the provincial and federal sales taxes more than a decade ago. Ottawa and Quebec are in the midst of negotiations on that issue and Flaherty said Wednesday that he hopes an agreement is reached soon, but whether that will happen before March 22 is not clear.
The finance minister hinted he might include items in the budget that will appeal to the opposition parties and he noted that the document is still a work in progress. "We're still open-minded," he told reporters. "The books are not closed."
In other words, the parties could keep talking on possible budget measures to see if an election could be avoided.
Flaherty said there would be no big spending programs announced in the budget, but he did mention senior citizens specifically as a group of Canadians his government might do more to help. That's a priority area for the NDP.
Flaherty has met with all of the finance critics from the opposition parties, and said some of those discussions would continue leading up to March 22. He didn't specify whom he would be talking to in the coming days but said "some parties" are not interested in what the budget will contain and instead want to force an "unnecessary and opportunistic election."
None of the opposition leaders has vowed in advance to vote against the budget, including Ignatieff; all have said they will review its contents first before taking a position.
"There are some discussions that are continuing. I expect there will be some items in the budget that will engender consideration by opposition parties," said Flaherty. "At least I hope so."
In addition to further talks with the opposition parties, Flaherty also intends to meet again with private sector economists before he puts the finishing touches on the budget. Those meetings will take place next week, the finance minister said.
He wants the most up-to-date economic forecasts possible from the fiscal experts so that he has the latest data on Canada's economic growth and other indicators.
"We haven't finalized the budget. We have more work to do," he said.
The budget itself is only printed a few days in advance of its presentation, he reminded reporters.
Share Tools
UPDATED | OotD - No Sleep Till ... 3rd Reading of the CP Back To Work Bill! by Kady O'Malley May. 29, 2012 12:22 PM Your official unofficial guide to the marathon sitting day to come
Top News Headlines
- Ottawa won't appeal veterans' court victory on pensions
- The federal government will not appeal a Federal Court of Canada ruling that rejected clawbacks from the pensions of disabled veterans. more »
- New Italian earthquake death toll rises to 15
- A magnitude 5.8 earthquake hit northern Italy on Tuesday, killing at least 15 people in the same region still struggling to recover from another fatal tremor on May 20. more »
- Bullyproof: One classroom confession
- Yolly describes bullying tactics used by girls. Her story is one of 150 gathered in a video confessional booth at a Quebec school. more »
- Falling debris that hit cars came from jet engine
- Debris that fell from the sky and damaged a number of cars near Toronto's Pearson International Airport originated from the engine of an Air Canada airplane that made an emergency landing Monday, an official with the Transportation Safety Board confirmed today. more »
Latest Politics News Headlines
- Robocalls may need regulating, elections chief tells MPs
- Elections Canada may recommend regulating robocalls following 1,100 complaints from the last election, the Chief Electoral Officer told MPs today. He also said the agency is reviewing voter registration rules after results in a Toronto riding were thrown out. more »
- Canada joins allies in mass expulsion of Syrian diplomats
- Canada has joined its allies in a co-ordinated expulsion of Syrian diplomats, as the Assad regime continues to engage in brutal violence against its own people. more »
- Social media websites ignoring privacy laws, watchdog says
- Canada's privacy commissioner said today she is concerned some social media companies are disregarding privacy laws, and called for the federal government to impose stronger penalties when they are breached. more »
- Ottawa won't appeal veterans' court victory on pensions
- The federal government will not appeal a Federal Court of Canada ruling that rejected clawbacks from the pensions of disabled veterans. more »
- B.C. premier misses Western Premiers' Conference
- B.C. Premier Christy Clark won't be going to the Western Premiers' Conference today in Edmonton, but her party is still joining the western attack on federal NDP Leader Thomas Mulcair. more »
The National
The House
- Qc students open the door to compromise May. 28, 2012 3:37 PM This week on The House, Evan Solomon explores the ongoing student protests in Quebec. The conflict that began as a disagreement between certain student associations and the provincial government over tuition hikes seems to have morphed into something larger. Evan talks to Leo Bureau-Blouin, the president of Quebec's College Student Federation, about the ongoing dispute. Then, Quebec's Finance Minister Raymond Bachand talks about what it will take to resolve the conflict, and if an election is the only solution.
- Richard Branson suggests naked kitesurfing to premier
- 'Engine shutdown' forced Air Canada jet to land
- Evolution skeptics will soon be silenced by science: Richard Leakey
- Tornado could touch down in eastern Ontario
- Newly discovered malware most lethal cyberweapon to date
- Canada has higher proportion of seniors than ever before
- New Italian earthquake death toll rises to 15
- Canadian climber's body taken off Everest
- RCMP commissioner pledges to rid force of 'bad apples'


