Latest news with #KellyMcCauley
Time of India
7 days ago
- Business
- Time of India
Carney enrages Conservative critics by keeping budget cards close to chest amid US tariff tensions
Prime Minister Mark Carney fired back at a Conservative calls for a spring budget in question period on Tuesday. 'Unlike the member opposite, I know the difference between main estimates and budget,' he said in response to Conservative MP Kelly McCauley. House Speaker Francis Scarpaleggia asked Carney to start over himself after Conservative heckling drowned him out. Show more Show less
Globe and Mail
7 days ago
- Business
- Globe and Mail
Liberals say they aren't bound by vote calling for budget or fiscal update before summer
The minority Liberal government says it is not bound by a House of Commons vote this week calling on it to release a budget or economic update before the summer recess. The House of Commons is currently debating a motion in response to the government's May 27 Throne Speech, which was read by King Charles III and outlined the re-elected Liberal government's policy priorities. On Monday evening, the opposition parties voted together to approve a Conservative amendment to the Liberal motion that called for a 'a firm commitment to present to Parliament an economic update or budget this spring, before the House adjourns for the summer.' The motion was approved in a 166-164 vote. Conservative MPs repeatedly called on the government Tuesday during Question Period to meet the timeline laid out in the motion. Andrew Coyne: The only thing worse than not having a budget is having one 'Last night, the House passed our Conservative motion calling on the Prime Minister to table a spring budget,' Conservative MP Kelly McCauley said. 'Will the Prime Minister respect the will of Parliament and table a budget immediately so Canadians and this Parliament can have the transparency we deserve?' Prime Minister Mark Carney acknowledged the vote result but did not commit to moving up the timing of the 2025 budget. 'We take note of last night's motion,' he said, before listing his government's plans to support health care, child care, dental care and affordability measures. Throughout his responses to questions about the motion, Mr. Carney repeatedly highlighted his Monday meeting with provincial and territorial premiers. The meeting focused on potential large infrastructure projects as well as eliminating barriers to trade and investment. 'Unlike the members opposite, we know how to grow this economy without spending money,' he said, drawing howls from the opposition benches. He then pointed to his efforts to remove restrictions on interprovincial trade. Opinion: A Throne Speech fit for a king. But where's the budget? Liberal Government House Leader Steven MacKinnon played down the implications of the vote earlier in the day. 'It was a non-binding advisory resolution of the House of Commons. I suspect you're going to see a lot more of them,' he told reporters on his way in to a cabinet meeting on Parliament Hill. Mr. MacKinnon said the main vote on the Throne Speech will take place Wednesday and is a confidence vote. He did not commit the government to bringing in a budget or update before summer. 'I think we'll take note of having been urged,' he said. Finance Minister François-Philippe Champagne originally said last month that the government would table an economic update in the fall, which suggested there would be no 2025 budget. However, Mr. Carney later said the government will release a full budget in the fall. Mr. Carney has said there wasn't enough time to release a budget in June given the late start of Parliament this year because of the federal election campaign. Federal budgets are typically released in February or March. Mr. Carney has also said the government faces important spending decisions in the near term related to potential support for large infrastructure projects and larger defence spending commitments at the NATO summit later this month. During Question Period, Mr. Champagne also said 'we take note of the vote yesterday,' but made no pledge to table a budget before the summer recess, which is scheduled to begin June 20. The House of Commons is set to resume sitting on Sept. 15.
