Agreed. While beauty is always in the eye of the beholder, ISTM there's a lot of silly spending planned. Aboriginal causes are getting too much without enough accountability. I've always complained about arts funding, especially for the CBC, and there's a hefty amount. Haven't looked closely enough at all the clean energy projects. I don't get the new office of counter-radicalization, if that's what it's called.Spidey wrote:I think I could have accepted a 10 billion deficit mostly directed to infrastructure spending. There is a certain rationale to borrowing for these projects at low rates. A 30 billion deficit with no apparent plan to balance the budget is somewhat worrisome. Definitely not a Chretien-Martin style budget.
The saving grace, to some extent, is that they built in a $6 billion contingency reserve -- twice what the Harper govt budgeted -- and David Dodge said recently that their last set of numbers -- fiscal update? -- was very conservative. He suggested that Morneau might be using the ploy Paul Martin used as finance minister to keep generating better-than-expected fiscal results. We'll see in a year. Forgot to mention that oil price appears to have bottomed and certainly up sharply from the trough. Hopefully it'll stay firm or rise.