Arab Today, arab today canada pm fights off election attacks on economy
Last Updated : GMT 17:11:11
Arab Today, arab today
Arab Today, arab today

Canada PM fights off election attacks on economy

Arab Today, arab today

Arab Today, arab today Canada PM fights off election attacks on economy

Canada's Prime Minister Stephen Harper speaks on Parliament Hill in Ottawa
Ottawa - AFP

Canadian Prime Minister Stephen Harper defended his government's economic record through two recessions, a month before legislative elections and at a time when polls show his Tories neck and neck with center-left parties.

The two main opposition parties -- the leftist New Democrats and the centrist Liberals -- charged in a televised debate that the Conservatives have made the economy too dependent on raw materials, including oil.

"Mr. Harper put all of his eggs into one basket, then he dropped the basket," said New Democratic Party leader Thomas Mulcair.

The economy contracted in the first half of this year, posting the weakest figures since the 2008 global financial crisis.

But despite the plunge in oil prices it was announced this week that Canada -- the world's fifth-largest oil producer -- posted its first budget surplus since 2008.

Harper hailed the result as evidence his government's low tax and spend policies were delivering jobs and economic growth.

Seeking his fourth mandate in nine years, he urged voters not to support any shocks to a "fragile economy."

The New Democrats have vowed if elected to roll back Conservative tax credits and raise corporate taxes in order to pay for a national daycare program.

Justin Trudeau's Liberals are the only party to propose plunging Canada back into deficit to finance new transit and road infrastructure spending.

"Mr. Harper has not only the worst growth job creation record since World War II, his is the worst record on economic growth since the Great Depression," Trudeau blasted, adding that the economy needs a "kickstart."

There are currently 1.3 million Canadians out of work, wage rates have not kept up with inflation and household debt is at a record high.

Harper blamed external forces, saying: "We're not saying in this fragile global economy everything is great."

"Right now a portion of our economy is hard hit by the fall in oil prices. That concerns me," he said.

- 'Undignified, fear mongering' -

The nationally televised debate was held in Calgary, the focal point of Canada's oil industry.

The three party leaders exchanged barbs on the Trans-Pacific Partnership, immigration, soaring housing prices and the environment.

Mulcair appeared calm, needing to convince voters he can be trusted to steer the economy as his party vies for its first chance to govern.

The former lawyer was unapologetic about wanting to tax big business more: "Yes, Canada's largest corporations are going to start paying their fair share, and it's high time they did."

At the same time he chastised Harper for what he said was a muted response to the Syrian refugee crisis and for linking it to security concerns, calling it "undignified" and "fear mongering."

"Canadians want a prime minister who understands the sense of urgency that we all feel when we see the current crisis in Syria," Mulcair said.

Harper, who desperately needed to re-energize his campaign, stuck to his message of "keeping our taxes down and keeping our budget balanced."

He bashed the New Democrats' plan to introduce an emissions cap and trade system, saying: "Carbon taxes are not about reducing emissions. They're about raising revenue for the government."

In May, Canada announced it will aim to reduce greenhouse gas emissions by 30 percent below 2005 levels by 2030.

It is more ambitious than a previous goal but was panned by environmental activists as not going far enough and the weakest pledge of any industrialized nation ahead of a Paris climate summit in December.

Many groups have also criticized the government for not having a plan to reduce emissions from the oil sands -- the nation's largest source of CO2.

"That sector needs a government that is on its side," Harper said.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canada pm fights off election attacks on economy Arab Today, arab today canada pm fights off election attacks on economy

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday