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All Politics Is Local (Free subscription) | yesterday
The man who left the Ontario budget in tatters when he was booted out of office, is beginning to show his handiwork federally . You mean if you tax less and spend more, you're going to run a deficit? What a shock! All sarcasm aside, this is terrible news for the country. M. Dion we quite literally cannot afford another Conservative budget. Bring down this fiscally irresponsible government as soon as...
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Far and Wide (Free subscription) | yesterday
Nobody in Ontario will be surprised, but the rest of the country is starting to get their first glimpses of the Jim Flaherty finance minister magic . Poof: OTTAWA — The federal government says it began the new fiscal year with a $500-million deficit as new tax cuts introduced in January and a slumping economy cut into revenues and public spending rose. The government said Friday that revenues fell...
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Progressive Bloggers (Free subscription) | yesterday
From the CBCThe federal government ran a deficit of $517 million over April and May, the first two months of the current fiscal year, mainly due to lower corporate income tax and GST revenues. (if this trend continue we could end up a 6 billion dollar Deficit)Over the same time period last year, the government ran a $2.8 billion surplus.The federal finance department said Friday that during this April...
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Prairie Fire (Free subscription) | 7 hours ago
So it seems that Stephen Harper, Jim Flaherty, and the rest of the Conservative gang have managed to run over half a billion dollars in charges up on on the national credit card this past spring. And just to stick it to them, it seems that this is due primarily to the loss in revenue from the GST cuts. But here is what I don't get - why isn't the media making a bigger deal of this? I mean, hasn't Canada...
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Progressive Bloggers (Free subscription) | 9 hours ago
Today some more predictable news broke, as it was announced that the Conservatives ran a deficit in April and May of over $500 million. Yep, given Finance Minister Jim Flaherty's history in Ontario on this matter, everyone saw this one coming from a mile away. Personally, restating that the Conservatives are bad fiscal managers is as redundant as it is true, so here let this be my contribution to the...
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The Phantom Observer (Free subscription) | 07/17/2008
I think most of you by now have seen this news story in which the Ethics Commissioner cleared Finance Minister Jim Flaherty of conflict of interest charges. Naturally, the actual report is available online, and you can find it here in PDF format. For the most part, it’s remarkably lucid and well-written. Of interest [...]
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j (Free subscription) | 07/17/2008
Federal Finance Minister Jim Flaherty said there was no housing bubble in Canada.
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Globe and Mail (Free subscription) | 07/17/2008
The federal ethics watchdog cleared Jim Flaherty yesterday of any wrongdoing after a probe into whether the Finance Minister violated conflict-of-interest rules by giving tax breaks to private-school students.
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The Turner Report (Free subscription) | 07/14/2008
A few more words on Ottawa’s decision to finish off the real estate market. As Jim Flaherty’s officials were announcing changes to restrict mortgage credit in Canada late last week, the US was hours away from its second-biggest bank failure. Indymac, a giant southern California-based lender, went down on Friday, just a couple of days after [...]
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Globe and Mail (Free subscription) | 07/07/2008
Somewhere in Ottawa, probably in Finance Minister Jim Flaherty's office, frazzled bureaucrats are wincing every time the price of oil edges higher. With every increase, resource-rich provinces such as Alberta pocket more royalties. The feds don't get any of that money; royalties go only to provincial governments. But the new federal equalization formula still includes 50 per cent of those escalating...
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Inbox Robot: Swiss Reinsurance News (Free subscription) | 07/06/2008
Speech by the Honourable Jim Flaherty, Minister of Finance, to the Canadian Chamber of Commerce Its great to be here and its a surprise to
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The Canadian Imagination (Free subscription) | 07/04/2008
As I write this, Ontario has just emerged from an economic quarter in which the economy has shrunk. Two successive such findings indicate recession. Federal Finance Minister Jim Flaherty has long been blaming Ontario's economic slowdown entirely on the policies of Ontario Premier Dalton McGuinty. That McGuinty is a Liberal and that Flaherty had served as provincial finance minister in the (pseudo-Alliance)...
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Thompson Ahern E-News (Free subscription) | 07/03/2008
(Department of Finance Canada) The Honourable Jim Flaherty, Minister of Finance, today [June 27] proposed changes to the Income Tax Act for Canadian businesses with foreign affiliates and those that report earnings in a foreign currency. “Our government is committed to creating a corporate tax system that is both fair and internationally competitive,” said Minister Flaherty. “The proposals I am announcing...
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atHome Top Story (Free subscription) | 06/30/2008
In his 2007 budget, Finance Minister Jim Flaherty promised a windfall for Ontario towns and cities – $3.1 billion to help pay for highways, water projects and public transit.
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Accidental Deliberations (Free subscription) | 06/29/2008
Shorter Jim Flaherty : If I'm willing to put my unprovoked attacks on Ontario behind us and pretend to be nice, surely that's a good enough reason for the province to take my orders now.
