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3 Articles
Source: Global News

Canadians like the things the federal budget is spending on, but not the deficits: Leger poll

Today 07:00 GMT

With a federal election looming this fall, the Liberals and Conservatives are bracing for an ideological battle that pits the merits of balancing the books against spending on consumer confidence – and many Canadians may actually agree with both of them, a new poll suggests.

The Leger poll was conducted for The Canadian Press this week shortly after the government released its latest federal budget, which promises billions in new spending on measures like job retraining, services for seniors and incentives for first-time homebuyers.

1 Article
Source: Global News

Trudeau says national budget deficit remains sustainable, defends Liberal budget

Thursday 23:39 GMT

The Liberals will happily run on their economic record in the upcoming federal election campaign, Prime Minister Justin Trudeau said Wednesday, despite the billions of dollars they’ve added to the national debt.

At an afternoon stop outside a housing development in Ottawa’s eastern suburbs, touting the measures in the new federal budget to make homes more affordable, Trudeau gave what sounded much like a stump speech, talking about “historic investments” in Canadians – getting there after dismissing Conservatives’ complaints that the Liberals should have to answer more for the SNC-Lavalin affair. Conservatives lay groundwork for marathon filibuster after Liberals shut down SNC-Lavalin probe. “What eats away at the Conservatives the most is that our approach is working,” he said.

1 Article
Source: Fox News

US bristles at Germany's defense budget plans after it falls short

Thursday 18:11 GMT

US AMBASSADOR GRENELL BLASTS GERMANY FOR CELEBRATING IRANIAN ISLAMIC REVOLUTION ANNIVERSARY. Criticism of Grenell comes just weeks after he called on Berlin to scrap Nord Stream 2, “a gas pipeline being laid across the Baltic Sea to deliver gas from Russia to Germany, and threatened firms involved in the project with sanctions” Deutsche Welle reported.

The United States is bristling at the suggestion Germany might miss its own defense spending target, which is already short of the NATO goal, prompting comments from officials, including U.S. Ambassador to Germany Richard Grenell.

1 Article
Source: DW

Germany to cut refugee cash in new budget

Thursday 10:50 GMT

Speaking to the ARD public broadcaster on Wednesday morning, SPD budget policy spokesman Johannes Kahrs rejected the criticism, arguing, "I think Olaf Scholz has done everything right if everyone is complaining."

Finance Minister Olaf Scholz has faced massive criticism from Germany's local authorities after his federal budget plans show he wants to slash their means for integrating refugees and asylum-seekers.

1 Article
Source: Global News

‘Let her speak’: Conservatives drown out Bill Morneau during budget speech

Wednesday 20:54 GMT

Conservatives in the House of Commons drowned out Finance Minister Bill Morneau as he spoke about the federal budget Tuesday, their loud chants of “let her speak, let her speak” a reference to former attorney general Jody Wilson-Raybould and the SNC-Lavalin affair. Several members on the Opposition benches also yelled “cover-up” and stomped loudly, drowning out Morneau’s voice for several minutes.

1 Article
Source: The Guradian

Team Sky’s Ineos deal will prompt mixed emotions in the peloton

Wednesday 15:25 GMT

Confirmation that the team he has built over the last 10 years would continue has come early, as petrochemical firm Ineos confirmed they will be Team Sky’s replacement name sponsor from early May.

In that context, the upcoming rapid transition from Team Sky to Team Ineos could be useful in more ways than one.

1 Article
Source: Global News

Federal budget 2019: $1B border strategy promises to get tough on irregular asylum seekers

Wednesday 20:54 GMT

The Liberal government is signalling its intent to stem the flow of asylum seekers crossing into Canada at unofficial entry points with a new border-enforcement strategy aimed at detecting, intercepting and removing irregular migrants.

A plan costing $1.18 billion over five years is promised in the 2019 federal budget to beef up border security and speed up the processing of asylum claims. Liberals criticized after memo says Safe Third Country Agreement is not working. Canada wants to maintain its reputation as a fair and welcoming country, but one that is also governed by the rule of law, said Finance Minister Bill Morneau.

1 Article
Source: Global News

Who are the winners and losers in the 2019 federal budget Here’s what you need to know

Wednesday 20:54 GMT

Federal budget makes it easier for working seniors to keep more of their money, get CPP. Canadians who want to buy a zero emission vehicle or retrofit their homes to be more energy efficient will likely see things they like in the budget.

Housing was a major focus of the budget with new measures proposed that the government argues will make it easier for millennials and first-time buyers to purchase a home.

1 Article
Source: CTV

Budget delay looms, opposition vows action after Liberals drop SNC-Lavalin study

Wednesday 17:16 GMT

The Parliamentary Justice Committee has ended its study on the SNC-Lavalin issue with what NDP MP Murray Rankin called a "transparent effort to change the channel." Now, MPs are hinting that there will be action taken Tuesday afternoon to, according to Conservative Leader Andrew Scheer, "show Canadians the gravity of the situation."

Once the meeting wrapped up, opposition MPs burst through the committee doors and blasted the Liberals for ending the study.

1 Article
Source: Fox News

Trump budget calls for eliminating offices, programs in cost-cutting bid

Tuesday 13:35 GMT

President Trump’s fiscal 2020 budget proposal, in a bid to cut costs, calls for eliminating a range of programs and offices.

With a budget of $274 million, the EDA’s elimination would amount to one of the smaller cuts in Trump’s 2020 budget.

1 Article
Source: Fox News

Why the US 2020 budget massively pushes hypersonic weapons

Wednesday 21:49 GMT

To defend against enemy attacks by fast-tracking an ability to launch high-impact, high-speed attacks at Mach. 5 - five times the speed of sound.

The Pentagon's 2020 budget is proposing a hypersonic weapons increase, citing the request this way - "Hypersonics weapons development to complicate adversaries’ detection and defense - $2.6 billion," DoD budget documents say. In the near term, Air Force has awarded several deals to Lockheed to expedite prototyping of a hypersonic weapon, called the “Air Launched Rocket Response Weapon.”

1 Article
Source: Global News

COMMENTARY: Liberals will hope Tuesday’s budget deflects from SNC-Lavalin scandal

Tuesday 16:20 GMT

We won’t get the answer Tuesday, but in the days and weeks that follow, as the budget and the SNC-Lavalin scandal fight for space on the nation’s front pages.

According to Conservative committee member Pierre Polievre, “We’re concerned that because (Trudeau) is trying to drown out the SNC-Lavalin scandal, he will spray money in all directions in the hopes that Canadians will be distracted by the sights of their own money flying at them.”

1 Article
Source: CTV

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

Wednesday 08:04 GMT

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.

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.

1 Article
Source: Global News

What you need to know about the new job training programs in the federal budget

Wednesday 20:01 GMT

The federal budget includes reduced interest rates for the Canada Student Loan program, as well as expanding the Student Work Placement Program.

This can be used to cover up to half of the cost of training – like fees for a college course or other professional training programs. They will earn a maximum tax credit of $250 a year, up to a lifetime limit of $5,000.

1 Article
Source: Global News

Canada proposes national money laundering task force in budget 2019

Wednesday 20:01 GMT

The federal government has proposed a new anti-money laundering task force to crack down on real estate, casino and trade-based money laundering, especially in high-risk areas such as Vancouver, Toronto and Montreal.

The plan for a multi-agency task force is one of a number of enforcement and intelligence sharing measures proposed in the 2019 federal budget, meant to improve Canada’s weak record for policing money laundering and tax evasion in real estate especially, which has harmed housing affordability.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte