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In the Media · The Globe and Mail

Tories delay federal budget, blame ‘market instability’

Jan 15, 2015

Budget

The Conservative government is delaying the 2015 federal budget, giving itself more time to assess the impact of low oil prices and a slowing Canadian economy.

“Making changes that have the effect of improving the forecasted fiscal situation just before a general election may have some very negative consequences for the credibility of the budget overall,” said Ivey professor Paul Boothe.