OTTAWA – Finance Minister Jim Flaherty is once again asking opposition parties for their best ideas on the upcoming federal budget, but only if they cost the government little or no money, or don’t involve raising taxes.
Flaherty’s traditional pre-budget letter to the opposition was issued Sunday, and like last year’s missive, it makes clear that only “low to no-cost ideas to grow the economy” will be considered.
The minister’s letter also welcomes any ideas to eliminate “ineffective...Read Full Story
OTTAWA – The federal Conservatives will try to turn the country’s attention to the Tory bedrock issues of crime and the economy today, and away from the Senate spending scandal.
Justice Minister Peter MacKay and Industry Minister James Moore will reintroduce legislation designed to better protect the public when someone is found unfit to stand trial or not criminally responsible for their actions because of mental disorder.
And Finance Minister Jim Flaherty will appear before the Senate...Read Full Story
OTTAWA – After one of the more disappointing years in the current recovery cycle, Finance Minister Jim Flaherty is expected to offer some positive news for a change when he issues the government’s fall economic update Tuesday afternoon.
Unlike last year’s update which went down like a spoonful of cod-liver oil — tastes awful, but good for you — Flaherty has signalled he expects to report a better-than-projected deficit this fiscal year and a bigger surplus in 2015.
READ MORE: Economy too weak...Read Full Story
TORONTO – Canada is headed for a “huge economic crisis” if the provinces and federal government don’t take action now to improve retirement incomes, Ontario Premier Kathleen Wynne warned Tuesday.
“One of our fundamental priorities is retirement income security, especially for the middle class,” Wynne told a business audience in Toronto.
“People are not saving enough for retirement and if we let this go unchecked we’re going to face a huge economic crisis.”
Ontario’s Liberal government...Read Full Story
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