Afghan war costs balloon, emerge as election issue
Afghan war costs balloon, emerge as election issue
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OTTAWA - The Afghanistan war threatened to emerge as a major election issue after release of a report showing the cost to Canadians has exploded well above previous estimates.
09/10/2008 1:45:00 PM Julian Beltrame, THE CANADIAN PRESS
Parliamentary Budget Officer Kevin Page said Thursday the war will cost taxpayers between $14 billion and $18 billion by the time troops are withdrawn in 2011, about twice the government's estimate.
That's up to $1,500 for every Canadian household.
The first detailed costing of the war comes on a day Stephen Harper's stalled campaign got some good news on the economic and polling front.
The latest Canadian Press Harris-Decima four-day rolling poll suggested Harper had arrested his recent slide in national support, putting the Conservatives at 32 per cent support, followed by the Liberals at 27 per cent and the NDP at 19.
The new numbers give the Tories a one-point increase from the previous day, although all the changes are well within the margin of error.
As well, the World Economic Forum gave Canada's banking system a gold star in the face of the crumbling global financial system, rating them the soundest in the world, followed by Sweden, Luxembourg and Australia.
Campaigning in British Columbia, the prime minister boasted that the economic forum report confirmed his assessment that Canada is better sheltered than many other countries from the strengthening financial storm.
"There is no question, no possibility of bailing out the banks," as other countries have done, Harper said. "The banks aren't seeking to be bailed out and the government won't be bailing them out."
He repeated earlier comments from his finance minister, however, that credit conditions have tightened in Canada making it more difficult for Canadians and businesses to obtain loans.
The new and higher accounting for the war, however, added an element to a campaign that has tightened dramatically over the last week.
Liberal Leader Stephane Dion accused the government of failing the test on transparency over the true costs of the war, or how it will impact the government's accounts. NDP Leader Jack Layton said the report shows the Conservative government can be trusted.
Harper brushed aside suggestions his government hid costs.
"The debate is not that the numbers are wrong. It's a debate about what to include and not include," he said.
"Look, we've been clear that the cost is high. We are doing important work there as part of the international effort, (and) we're certainly not alone spending money."
More: http://news.sympatico.msn.ctv.ca/Canada ... e&subtitle
=&detect=&abc=abc&date=True
http://news.sympatico.msn.ctv.ca/Canada ... e&subtitle
=&detect=&abc=abc&date=True
OTTAWA - The Afghanistan war threatened to emerge as a major election issue after release of a report showing the cost to Canadians has exploded well above previous estimates.
09/10/2008 1:45:00 PM Julian Beltrame, THE CANADIAN PRESS
Parliamentary Budget Officer Kevin Page said Thursday the war will cost taxpayers between $14 billion and $18 billion by the time troops are withdrawn in 2011, about twice the government's estimate.
That's up to $1,500 for every Canadian household.
The first detailed costing of the war comes on a day Stephen Harper's stalled campaign got some good news on the economic and polling front.
The latest Canadian Press Harris-Decima four-day rolling poll suggested Harper had arrested his recent slide in national support, putting the Conservatives at 32 per cent support, followed by the Liberals at 27 per cent and the NDP at 19.
The new numbers give the Tories a one-point increase from the previous day, although all the changes are well within the margin of error.
As well, the World Economic Forum gave Canada's banking system a gold star in the face of the crumbling global financial system, rating them the soundest in the world, followed by Sweden, Luxembourg and Australia.
Campaigning in British Columbia, the prime minister boasted that the economic forum report confirmed his assessment that Canada is better sheltered than many other countries from the strengthening financial storm.
"There is no question, no possibility of bailing out the banks," as other countries have done, Harper said. "The banks aren't seeking to be bailed out and the government won't be bailing them out."
He repeated earlier comments from his finance minister, however, that credit conditions have tightened in Canada making it more difficult for Canadians and businesses to obtain loans.
The new and higher accounting for the war, however, added an element to a campaign that has tightened dramatically over the last week.
Liberal Leader Stephane Dion accused the government of failing the test on transparency over the true costs of the war, or how it will impact the government's accounts. NDP Leader Jack Layton said the report shows the Conservative government can be trusted.
Harper brushed aside suggestions his government hid costs.
"The debate is not that the numbers are wrong. It's a debate about what to include and not include," he said.
"Look, we've been clear that the cost is high. We are doing important work there as part of the international effort, (and) we're certainly not alone spending money."
More: http://news.sympatico.msn.ctv.ca/Canada ... e&subtitle
=&detect=&abc=abc&date=True