Deficit projected for federal government this year

[JamesBondo]

contingency funds are another reason why the conservatives know their fiscal management better than the Liberals.

 

[Corduroy]

contingency funds are another reason why the conservatives know their fiscal management better than the Liberals.

Jean Chretien had contingency funds in his budgets.

 

[gerryh]

Jean Chretien had contingency funds in his budgets.

Chretien isn't leader of the Liberal party anymore. If he was, I'd be voting for the Liberals again. Justin is leader, you know, the one that stated that "budgets will balance themselves".

 

[Locutus]

let's see now.... we are looking at a POSSIBLE billion dollar deficit, which the Cons have budgeted for by putting aside a billion dollars into a contingency fund, just in case. hmmmmm... sounds like a pretty fiscally sound plan.

a billion dollars ain't nothing...flossy will tell you that about the ont. hydro contract cancellation charge. ain't that right flossy?

 

[taxslave]

Yes.

That mistake wasn't the direct result of poor economic performance.

True. It was a planned political action with no basis in fact or economics.

 

[mentalfloss]

Contingency fund is code for increasing revenue by selling assets and taxes.

And it just so happens that is exactly what the Cons are using to barely balance the budget.

 

[JLM]

Sometimes that happens through the fault of nobody- it happens in families when people get sick and it happens in jurisdictions due to forest fires, tornados, flood and drought!

 

[CDNBear]

a billion dollars ain't nothing...flossy will tell you that about the ont. hydro contract cancellation charge. ain't that right flossy?

You'll have to excuse him, he's currently ignoring things that make him look stupid.

And it just so happens that is exactly what the Cons are using to barely balance the budget.

OMG!!! Barely?