Federal Finance Minister Bill Morneau takes questions from children from the Toronto and Kiwanis Boys and Girls Club, after putting on his new budget shoes for a pre-budget photo opportunity in Toronto on Thursday, March 14, 2019. THE CANADIAN PRESS/Chris Young

Budget to tout Liberal economic record, provide distraction from SNC furor

This is the Liberal government’s fourth and final budget before the election

The Trudeau government will attempt to set the stage for this fall’s election — and provide some distraction from the SNC-Lavalin affair — with today’s end-of-mandate budget touting the Liberals’ economic record.

The Liberal government’s fourth and final budget before the election is expected to include measures to help first-time home buyers, seniors and adult Canadians who want to return to school for skills training.

It’s also expected to take an initial step towards a national pharmacare program and disclose details of previously announced tax credits and incentives, worth $595 million over five years, to help Canada’s ailing journalism industry.

But Finance Minister Bill Morneau will also try to set the narrative for the coming election, arguing that years of deficit spending have put the economy on a stronger footing.

Expect him to credit the Liberals’ investments in infrastructure and other spending measures for the creation of almost 950,000 jobs and the lowest unemployment rate in almost 40 years, and point to the Liberals’ enhanced child benefit for the lowest poverty rate in 10 years.

Moreover, Morneau is expected to boast a better fiscal picture than he anticipated in last fall’s economic update, thanks to an increase in tax revenues despite surprisingly weak economic growth in the final three months of 2018.

The budget is being presented in the midst of a continuing furor over allegations that Prime Minister Justin Trudeau, his senior staff and others improperly pressured former attorney general Jody Wilson-Raybould to end a criminal prosecution of SNC-Lavalin. The affair has so far cost Trudeau two cabinet ministers, his principal secretary and the country’s top public servant, although he continues to insist no one did anything wrong.

The Liberal-dominated House of Commons justice committee is to meet behind closed doors today to discuss opposition demands for Wilson-Raybould, who’s already given nearly four hours of testimony, to be recalled. She has indicated she has more to say, particularly about the period between her mid-January move from Justice to Veterans Affairs and her resignation from cabinet a month later.

READ MORE: Five things to watch for in the Liberals’ final fiscal blueprint

READ MORE: Privy Council clerk Michael Wernick retires in wake of SNC-Lavalin case

However, the Liberal MPs on the committee sent a letter to the chair late Monday indicating that they’ll block any further investigation into the matter. They said they’ve heard enough after 13 hours of testimony from 10 different witnesses and they “believe that all rules and laws were followed.” The Liberal MPs said the “appropriate way forward” is to let the federal ethics commissioner conclude his own investigation into the matter.

Today’s budget may at least give the Liberals a short respite from the SNC-Lavalin affair.

But it will also draw attention to the Liberals’ failure to deliver on a major 2015 campaign promise, to run up annual deficits of no more than $10 billion before balancing the budget by 2019.

Instead, the Trudeau government has posted deficits of more than $18 billion in each of the last two years and has offered no timeline for returning to balance. In his economic update last fall, Morneau projected annual deficits of between $18.1 billion and $19 billion over the next three years.

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

Easter visit!

Easter Bunny makes a visit to Points West Living

Scenes from the Stettler & District Music Festival

Don’t forget to check out the Grand Concert on April 28th

Happy Easter everyone!

Youngsters are excited for the holiday

UCP candidate Nate Horner triumphs in Drumheller-Stettler riding

Horner looking forward to moving ahead with UCP policies in the coming months

Kenney talks pipelines with Trudeau after election win, calls it cordial

Almost a year ago Kenney dismissed Trudeau as a dilettante and a lightweight

Avalanche hot at the right time, cruise past Flames into second round

Avalanche onto second round with a 5-1 win over the Calgary Flames in Game 5

Parents say Austrian climber missing in Banff National Park ‘lived his dream’

David Lama, Hansjorg Auer and American climber Jess Roskelley have been missing since Wednesday

Six months after legalization, high prices and supply issues boost illicit pot market

It has been six months since Canada became the first industrialized country to legalize recreational cannabis

Kirkland Signature veggie burgers recalled due to possible metal fragments

Recalled products came in 1.7 kg packages with a best before date of Apr. 23, 2019

Flooding, climate change force Quebecers to rethink relationship with water

Compensation for victims of recurring floods limit to 50% of a home’s value, or a maximum of $100,000

Storms blast South, where tornadoes threaten several states

9.7 million people in the Carolinas and Virginia at a moderate risk of severe weather

Private cargo ship brings Easter feast to the space station

There are three Americans two Russians and one Canadian living on the space station

Notre Dame rector: “Computer glitch” possible fire culprit

The fire burned through the lattice of oak beams supporting the monument’s vaulted stone ceiling

Undercover cops don’t need warrant to email, text suspected child lurers: court

High court decision came Thursday in the case of Sean Patrick Mills of Newfoundland

Most Read