This article was last updated on April 16, 2022
Canada: 
Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
Conservative finance minister, Joe Oliver, has finally made his return to the media after the news of second straight month of positive economic growth. He broadcasted his government’s record and attacked opposition plans to hike payroll taxes.
Addressing the audience from his Toronto campaign office in front of a backdrop of election signs, Mr. Oliver discussed Wednesday’s report from Statistics Canada, which showed that the economy grew by 0.3 per cent month-over-month in July. Mr. Oliver stressed that this is the second consecutive month of growth after the year began with five straight months of economic contraction. According to Mr. Oliver, “what it signals is clearly we are on the move. Our economy is growing,” adding that “Canada is going to have solid, strong growth in the second half of the year and experience positive growth for the full year.”
In response to the claims that he had been avoided media during the campaign, Mr. Oliver alleged that his focus has been on getting re-elected in the Toronto riding of Eglinton-Lawrence. Economists are projecting that the growth for the third quarter of 2015 will be well above the 1.5 per cent, i.e. the similar rate forecasted by the Bank of Canada in July. Apart from highlighting the positive economic news, Mr. Oliver also used the opportunity to criticize his opponents. He condemned the Liberals and NDP for supporting higher Employment Insurance premiums than the plans of Conservatives, along with their support for higher pension contributions to pay for more generous retirement benefits.
Be the first to comment