Finance Minister Jim Flaherty was facing a deficit of $5.9-billion in the fiscal year ending March 31, 2010, according to the fiscal update he released last fall. To achieve a surplus, Mr. Flaherty pledged to reduce government spending by $4.3-billion and predicted the government would earn $1.6-billion from changes to public sector compensation and the gains on purchases of insured mortgages from banks.
Jim Flaherty Now :
Mr. Flaherty revised his projection again this week, citing a deeper-than-expected recession, higher-than-anticipated employment insurance payments and the rescues of Chrysler and General Motors.
Lisa Riatt Then (UPDATE : here she is trying to sound the alarm bells about how the isotopes shortfall is a “really, really” bad thing)
“Ensuring that the Canadian medical community receives a consistent and reliable supply of medical isotopes has been of critical importance to me,” (Lisa) Raitt said
Lisa Raitt Now (UPDATE : Here she is saying, a few months later, “not to worry. There is no shortage of isotopes in the world”)
During this extended outage at Chalk River, other isotope-producing countries have the capacity to assist in minimizing production shortfall.
These countries all have different sets of constraints and capacity, and we will need to work through those. There is good will amongst all and a willingness to be helpful. They also fully recognize that Canada stepped up to the plate and provided a significant amount of additional isotope capacity when the Petten reactor in the Netherlands was down.
I know it’s very easy to beat up conservatives because they waffle sooooooooooooo much but I think Flaherty got a raw deal. The poor guy probably made inane statements about how everything was a-ok after being asked to by the big guy PM Harper and now he is paying for it. It’s not Flaherty’s fault that we have a deficit of $50 billion, but he is at fault for saying Canada is at a better state than it really was.
It’s not Lisa Raitt’s fault that she inherited a leaky and crumbling nuclear reactor but then to go claim that the safety would be reviewed and a plan would be put into action which is TO SELL THE NUCLEAR PLANT TO A PRIVATE PARTY!!!! That’s the dumbest thing I have ever heard. So much for ensuring a ensuring safety and a steady supply of isotopes. Let’s shut down the reactor and find some buyer who would restart the reactor as it is now.
Just go through the interview (Liveblogging Lisa Raitt on the sale of AECL’s reactor building division) and get ready to swear over Lisa’s incompetent handling of the crisis.
And when the National Post is making fun of the conservatives, then you KNOW there is trouble brewing.