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Plunging into the red LIBERALS’ MAIDEN ‘SUNNY WAYS’ BUDGET SHOWERS SPENDING, DEFICITS TO SPUR GROWTH
LOCAL REACTION
BY THE CANADIAN PRESS OTTAWA — The new Liberal government delivered a sunny ways budget Tuesday brimming with optimism and billion-dollar spending increases spread across a wide spectrum of society. B u t the bold FOR MORE ON effort to spur eco- TUESDAY’S n o m i c FEDERAL BUDGET, growth after almost SEE PAGES A2, A9 a decade of fiscal restraint will add more than $100 billion to the federal debt over the next five years as Finance Minister Bill Morneau plunges Ottawa back into the red. And like March sunshine in the frozen national capital, there’s concern that Prime Minister Justin Trudeau’s bright budget may not heat up the economy quite as much as the Liberals promised it would. “We act for the years and decades to come,” Morneau said in his maiden budget speech in the House of Commons. “We act for our children and our children’s children.” There’s billions in new spending
“Well I have to say I am extremely disappointed. They had elected the Liberals to borrow on a $10 billion and it’s triple that. I think that’s one of the things that people should be concerned about. They certainly show no plan to bring it back to balance. I think these are issues that we will have to hold their feet to the fire on.” — Earl Dreeshen, MP Red Deer-Mountain View “We were pleased to hear the announcement of infrastructure investment in areas such as transit, water and wastewater, affordable housing and environmental infrastructure. As we analyze the budget details, we will determine how the City of Red Deer can access capital dollars to meet many of the local infrastructure priorities here in Red Deer.” Photo by THE CANADIAN PRESS
— Tara Veer, Mayor of Red Deer
Finance Minister Bill Morneau receives applause as he tables the federal budget in the House of Commons in Ottawa on Tuesday. on infrastructure, Aboriginal Peoples, and transfers to middle and lower income Canadians in a budget blueprint framed by Morneau in terms of Canada’s great post-war expansion of the last century. “Confidence inspired investment,”
Morneau said of those high-growth, post-war decades. “Investment inspired confidence.” The Liberals claim their budget will create 100,000 jobs and boost national economic growth, as measured by gross domestic product, by half a per-
centage point per year — a huge increase on a $2 trillion economy. The promised sunny future comes with an immediate fiscal chill. Please see BUDGET on Page A2
TERROR IN BELGIUM
Bloodied and dazed NATIONS MOURNS AFTER ISLAMIC STATE BOMBINGS BY THE ASSOCIATED PRESS BRUSSELS — Islamic extremists struck Tuesday in the heart of Europe, killing at least 34 people and wounding scores of others in back-to-back bombings of the Brussels airport and subway that again laid bare the continent’s vulnerability to suicide squads. Bloodied and dazed travellers staggered from the airport after two explosions — at least one blamed on a suicide attacker and another apparently on a suitcase bomb — tore through crowds checking in for morning flights. About 40 minutes later, another rush-hour blast ripped through a subway car in central Brussels as it left the Maelbeek station, in the heart of the European Union’s capital city. Authorities released a photo taken from closed-circuit TV footage of three men pushing luggage carts in the airport. Please see BELGIUM on Page A8
Photo by EPA
People gather and light candles at the Place de la Bourse during a vigil to pay tribute to the victims of the attacks in Brussels, Belgium, Tuesday. Security services are on high alert following two explosions in the departure hall of Zaventem Airport and one at Maelbeek Metro station in Brussels. RED DEER WEATHER
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