Finance Department predicts federal budget will be balanced by 2040

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 99%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Finance Department predicts federal budget will be balanced by 2040 cdnpoli

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

“Federal budget will be balanced by 2040” is Liberal doublespeak for “you will never see a balanced budget as long as the Liberals are in power” canpoli

Yet another good reason to vote them out in 2019.

Wait wait. The libtard are going to say fear mongering. Blah blah blah. This is what Harper did

This is a joke, right?

What BS. If the liberals stay in power it will never be balanced and our children and grandchildren will have the crippling debt to pay for.

Is that when the 30 Trillion green economy kicks in? cathmckenna

Just like your modest 10 billion deficits.

Guess it will never happen then. cathmckenna ec_minister said the world will end in 2030 because of climate change.

Such an ambitious timeline!

There are no free lunches it gets paid back with interest. The interest rates will go up as our credit rating gets downgraded this is a no win for taxpayers.

Ya but they also tell us the world will be inhabitable by then

Another genius prediction from mo and ron.

Lol. What a joke.

That's what happens when you give away all our money. You've made pot legal to get more money and now using the environment as an excuse to get more money but it's not enough. You'll get richer and we'll get more poor. Thank you a$$hole.

Great job guys... Fantastic! Way to go! Maybe if you built the GD pipeline you'd get it down to 2039 or 2038... These clowns wudn't even be able to run a roadside lemonade stand without going into debt $20M.

Or an alternate headline if you were unbiased would be Liberals will not balance the budget until 2040...

Yeah, right. I’ll be 92. Maybe I’ll be able to take up golf by then.

Missing amid the general caveats and disclaimers: the ~10 yr cycles of recession (due in 2019, 2029 and 2039) are not factored as major hits to govt revenue and emergency stimulus spending). Sorry folks, but 2040 can't happen when deficit in the good years of 2017-2018 is $18b.

How can you possibly predict that? Ages away! It’s like you saying,”libs will never balance budget!”

😱😂😂😂😂😂😂😂

I bet he's balancing his budgets on the backs of Canadians still tho

Trudeau said it would be balanced in 2019, so he lied again, and again (electoral reform), and again (reinstating veterans pension), etc.

Whew that's a relief! Only 21 years to go! Your headline should read: Incompetent Liberals saddle our children with generational debt.

I guess I'll never see it

In 2015 Trudeau promised budget would be balanced by 2019. Now it's 2040. What happens when the economy tanks next year as many are predicting?

So nice that makes this such a. positive headline. Canadians feel so much better.

You really know how these people feel about their kids nothing like saddling your children.

kickoutJRin2019

I am going to hold out hope that come Oct 2019 we will get a government that knows what the hell they're doing and knock that 21 yrs to 2. We need a government that gives a shit about Canadians FIRST! The UN comes dead last- preferrably dead & buried SaveCanada TrudeauMustGo

Not acceptable! Pathetic Politics!

So it didn’t balance itself?

If this is not enough of a reason for you to want to get rid of this inept, corrupt, destructive, traitorous globalist regime then you are just as guilty of the harm being done ton🇨🇦& Canadians. It is time we tell Trudeau that his days are numbered.

How is this even a goal? In 21 years, anything can happen. How many other governments will Canada have in that time? Any sitting government can only project to the end of its mandate. The best Morneau should be able to say is 2023, and only if re elected.

So, in other words, not in my lifetime.

I predict I'll be a billionaire by 2040. Wow, that was easy!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Finance Department projects federal deficits until 2040That is roughly a five-year improvement over last year’s estimate and 15 years sooner than the timeline presented in 2016 globepolitics Projects based on assumptions made when Fall Forecast put together. Situation has changed since then so there you go. globepolitics The liberals were only off by 21 years. Sunny ways my friends globepolitics Government can’t get next year right. Probability of accurate 2040 forecast = ZERO.
Source: globeandmail - 🏆 5. / 92 Read more »

Merry Christmas Canada — It will be 22 years before Ottawa balances the budget, finance department revealsBut that’s five years earlier than the federal government predicted last year Trumps fault. LMAO. And that doesn't consider recent the PBO finding that the deficit is far higher than the govt's budget says it is. cdnpoli You're moving right, ain't you?
Source: nationalpost - 🏆 10. / 80 Read more »