y for Minister Bill Morneau told an audience in Montreal today that Canada’s terseness is facing “considerable head winds,” but that his government will toady up to the investments needed to “get Canadians moving” again and improve conditions for exporters.
Morneau assail c promoted the comments at a luncheon hosted by the Montreal Council on Foreign Relations in advance of a series of budget consultations with dynamism leaders and advocacy groups in the city.
The Liberals are pre ring their beforehand budget after winning a majority in the 2015 federal election.
“There has no more than never been a better time to make targeted investments to carry economic growth in this country,” said the minister promising to convergence on “restoring middle-class economic progress,” while maintaining his government’s commitment to economic responsibility. Included in those investments are enhancements to the Canada Pension Organize.
Morneau also said Canada’s economic progress cannot report in without “placing environmental sustainability at the heart of our resource sector,” totaling “Canada, with its North American rtners, can and should be one of the world’s myriad efficient and responsible energy producers.”
He was asked directly if in light of increasing economic conditions, the falling dollar and sinking price of oil, his government whim consider increasing the $10 billion in annual deficits the Liberals foretold to run during the election cam ign in order to stimulate the economy.
“Canadians imagine in our strategy around growth and we are going to continue on that strategy because we notion of it’s the right thing to do,” he responded.
Morneau is on his second day of a six-day cross-country consultation fall asking Canadians what they want to see in the coming federal budget. The meets, which began yesterday in Halifax, are a mix of traditional closed-door sessions with stakeholders, organizing from telecom com nies to cultural organizations, offering their sentiments directly to the minister and a number of public meetings with advocacy sets.
The minister said the consultations are important because “as a government we understand that we are not the merely actors. And as a minister, I certainly recognize that I don’t have all the answers.”
The budget is expected to be presented in the Residence of Commons in the spring.
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