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Harper to deliver economic report card Monday in Saint John

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Jun 16, 2007
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OTTAWA — While MPs return to the Commons Monday, Prime Minister Stephen Harper will deliver his government's latest economic report card in Saint John, N.B., far from the fractious opposition benches.

The statement on the progress of the government's stimulus program will draw fire from the Liberals, who say they are ready to topple the government at their first opportunity, perhaps as early as this week.

Liberal finance critic John McCallum said it really doesn't matter what's in the economic statement.

"We Liberals have made our decision," he said. "We're voting against the government, so in that sense the outcome is foregone."

This will leave NDP Leader Jack Layton to decide whether he can support the government, as he did earlier this month. All three opposition parties must vote together to defeat the government.

Appearing on CTV's Question Period on Sunday, Transport Minister John Baird said Harper will provide an upbeat status report.

"He'll be able to give Canadians a real update on where we are on the economy, where we are on infrastructure spending," Baird said.

"He'll be able to tell people what we're doing to keep our banking system strong and the real success we've had working with provinces and municipalities across the country on infrastructure."

Economist Aron Gampel of Scotia Capital said he expects Harper will say that while the economy appears to be recovering, there are still considerable uncertainties and risks.

"The substantial stimulus injected into the economy from both monetary and fiscal measures is beginning to show more signs that the economy is regaining traction, but the full impact will become more visible in the months ahead," Gampel said in an email.

Dale Orr, an analyst with Economic Insight, said he thinks Harper will credit his stimulus package with pulling the country from recession.

"I wouldn't be surprised if the Conservatives invite people to pat them on the back for getting out of the recession," he said.

"The feds' stimulus package, at least the infrastructure part of it, really can't take much credit for that.

"The reason that we're out of the recession is twofold: One, Bank of Canada low interest rates . . . and then also the U.S. is out of recession, having positive growth."

Don Drummond of TD Bank said Harper will likely point to the home renovation tax credit having a big impact.

"Unfortunately, I don't think he'll be able to prove that because you're asked to hold on to your receipts until you file your 2009 tax return."

The paper trail won't emerge until next year.

The economists say Harper will likely claim that 80 per cent or more of the funding for infrastructure has been approved, but add that there's a gap between formal approval and actually getting pay cheques to people.

The minority government got its economic stimulus plan approved in the Commons last spring by promising to deliver a series of economic report cards. Each of these reports, though, comes with a confidence vote.

Baird would not offer any details of the latest status report.

"We've made great progress since June," he said.

However, Liberal MP Gerard Kennedy told CBC TV that what was promised in June hasn't been delivered.

"Most of what Mr. Harper left in June promising has not transpired," he said. "Jobs have not been created, the dollars have not been spent, the effort has not been made

"We cannot support a government that doesn't do what it said it would do and is not looking after Canadians needs.

Baird said Harper chose to present the update in Saint John rather than the Commons because he wants to speak to ordinary Canadians, not to avoid the opposition and the press gallery.

"He doesn't want to live in a bubble in Ottawa. He wants to get out of the capital, talk to real people right across the country."

The Liberals have spent the past week attacking what they are calling "a self-serving and politicized infrastructure stimulus program."

They say the Tories have been slow to get stimulus money moving and the cash that has moved out has gone largely to Conservative constituencies.

Layton says he's more interested in making Parliament work than in forcing an election.

His priority is a package of changes that will improve employment insurance benefits for long-term workers.

"Our focus will be on trying to get help for the unemployed," he said late last week. "Let's make Parliament work for these people."

He refused to say how his party will vote if a Liberal non-confidence vote comes up before the EI changes are approved.

"We'll see if that actually happens. We've heard this kind of talk before."

http://cp24.com/servlet/an/local/CTVNews/20090927/090927_harper/20090927/?hub=CP24Home
 
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