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Finance Minister Jim Flaherty has delivered a cautious, business-friendly budget that will likely be shelved now that the Liberals plan to table a non-confidence motion in the House of Commons. Janice MacKinnon, Professor, University of Saskatchewan and Chair of the Federal Economic Advisory Council, tells BNN the budget was presented against a backdrop of hyper-partisanship in Ottawa.
“The budget itself was a pretty reasonable, modest effort…they [the conservatives] have made cautious assumptions about growth in the economy and growth in the revenue that will lead to a balanced budget—and without dramatic cuts,” she says.
“The fact that this has led to an election—or appears it will lead to an election—has much more to do with the partisanship that’s occurring in Ottawa than the real substance of the budget,” she says. “In any other circumstances the budget would probably be gone as a news story two days from now and the targeted measures would unfold across the country.”