Canada's new government promises fiscal plan suited to tough times

Reuters News
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Posted: Dec 04, 2015 3:44 PM

OTTAWA (Reuters) - Canada's Liberal government, unveiling its plans at the start of the new Parliament, promised on Friday to pursue a fiscal plan "that is responsible, transparent and suited to challenging economic times."

It gave no details on whether it would stick to its campaign pledge to limit budget deficits to C$10 billion ($7.5 billion) a year. It also pledged to engage indigenous peoples more fully in reviewing major natural resource development projects.

($1=$1.34 Canadian)

(Reporting by Randall Palmer and David Ljunggren; Editing by Sandra Maler)