The House

Budget 2015 and the road to the election

Joe Oliver finally tabled his highly-anticipated first budget on Tuesday. But the Finance Minister quickly managed to throw the government off message with his "granddaughter" gaffe. Industry Minister James Moore defends Oliver's comments as well as the Conservative blueprint for the next election. Then, the leader of the Official Opposition Tom Mulcair and the Liberal Finance critic Scott Brison share their thoughts on the budget.
Prime Minister Stephen Harper (left) stands with Finance Minister Joe Oliver as he arrives to table the budget on Parliament Hill in Ottawa on Tuesday, April 21, 2015. THE CANADIAN PRESS/Justin Tang (The Canadian Press)

The table was set. The government would table a balanced budget with a small $1.4 billion surplus that still managed to include something for families with kids, seniors, big cities and a number of other groups. The document was already being referred to as the Conservatives' blueprint for the next election campaign.

But then, Oliver stepped on his own message while trying to defend the decision to extend the TFSA limit to $10,000 per taxpayer every year. Critics, including the opposition parties and private sector economists, have said the move will eventually create a revenue problem for governments down the line, as more and more investments get protected from taxation.

Taxing problem for future generations

10 years ago
Duration 3:15
Catherine Cullen on the strong reaction to Finance Minister Joe Oliver’s comment that Stephen Harper’s granddaughter will be the one to worry about the fallout from tax changes

Joe Oliver declined our request for an interview. Instead, we invited Industry Minister James Moore to explain Oliver's comments and defend the government's choices in its latest budget. "This budget is a reflection that Stephen Harper kept his word to Canadians," Moore told The House's Evan Solomon.

Then, Official Opposition leader Tom Mulcair shares his thoughts on the budget. "He (Stephen Harper) has found a way to help people who need the least help, and leave everybody else behind," Mulcair told The House. The leader of the NDP explains how he would pay for his promises given how small the federal surplus is. Mulcair also discusses how he plans to use the revelations from ongoing Mike Duffy trial between now and the election. 

We also hear from Liberal Finance critic Scott Brison. Now that the Conservatives have released their fiscal plan, are the Liberals getting ready to do the same?

Finally, Mark Kennedy and Tasha Kheiriddin discuss how this week's federal budget and the Mike Duffy trial will shape political debates between now and election day.

Joe Oliver's budget speech RAW

10 years ago
Duration 37:16
Finance Minister Joe Oliver delivers his 2015 budget speech in the House of Commons on Tuesday, April 21.