In Toronto, Ont., Finance Minister Jim Flaherty speaks with reporters about the predicted $50 billion federal deficit for 2009–2010 and the necessity of a bailout for Canada’s automotive industry. The anticipated deficit has grown by $14 billion from the $34 billion originally estimated in the 2009 federal budget.
Host Martin Stringer sits down with a panel of MPs to discuss the updated deficit prediction. The MPs are Andrew Saxton (Conservative), Martha Hall Findlay (Liberal), and Jean Crowder (NDP).
Journalists Bruce Campion-Smith and Louise Elliott join Martin in the studio to analyze the week’s political developments, including delays in greenhouse gas regulations for industrial emitters.
Also on the program, Martin presents highlights from the day’s press scrums held in the House of Commons foyer. Liberal House leader Ralph Goodale, Bloc Québécois House leader Pierre Paquette, NDP MP Peter Julian, and parliamentary secretary for official languages Shelly Glover comment on pressing issues, including proposed reforms to the Employment Insurance program.
In Ottawa, Preston Manning (the former leader of the Reform Party and the founder of the Manning Center for Building Democracy) presents a speech entitled “Stimulating an Ailing Economy: the Crucial Role of Science, Technology, and Innovation.”
Having covered the Canadian political scene for more than 25 years, Martin is as politically astute as he is savvy. He joined CPAC in 1996 and has covered leadership races, political conventions and federal elections, serving as PrimeTime Politics’ Hill correspondent daily and host of the show’s Friday edition. Martin began his career as a reporter for CBC Radio in Quebec City and also worked for seven years as national and international producer for CBC Radio’s flagship show, As It Happens.