Federal budget date announced
After postponing the federal budget in mid-January, Finance Minister Joe Oliver has scheduled the budget for Tuesday, April 21.
Speaking from Canada Goose Clothing’s Toronto plant Tuesday, Oliver promised a balanced budget.
“We’re not looking at a budget that will be cutting. We’re looking at a budget that will be providing benefits to Canadians and encouraging more job growth,” Oliver said, according to the Globe and Mail. “We do not, however, need the kind of stimulus budget that we had during the great recession because we are not in a recession now, but we are going to continue to make investments in the future.”
The budget will be informed by public sector economists, which the minister plans to meet with ahead of the scheduled event.
“We’re going to be meeting soon with the private sector economists and we’re going to be basing our projections on their views about where the economy is going, including the direction of oil prices,” Oliver said.
The government is planning on spending $7.5 million on an ad campaign to promote the budget.
Buying a house? Contact Kal-Mor Mortgages and Investments. Our mortgage brokers offer fast approvals and the lowest mortgage rates. Now serving Penticton, Kelowna, Vernon, Kamloops and Salmon Arm. 1-800-567-5511