Canada Budget

Oliver Tries To Woo Torontonians

CP | The Canadian Press | Posted 05.04.2015 | Canada Business

TORONTO - Finance Minister Joe Oliver used a speech Monday to tout the budget's tax-cutting measures despite criticism from the opposition that they d...

When it Comes to Government Budgets, a Lot of the Action Is "Underground"

Mark Milke | Posted 04.28.2015 | Canada Politics
Mark Milke

During this tax and budget time, let's consider two "tectonic realities" about governments and numbers -- helpful to think about, given that there is plenty of "underground" action. It explains why governments often get themselves (and taxpayers) into trouble later.

Oliver, CRA Clarify TFSA Change

CBC | Posted 04.24.2015 | Canada Business

Canadians don't need to wait for the budget to be passed before taking advantage of the TFSA changes announced in it, officials at the Canada Rev...

Canadian Governments Have Failed to Slay the Real Deficit We Face

Jonathan Crombie | Posted 04.24.2015 | Canada Politics
Jonathan Crombie

Thanks to former Prime Minister Paul Martin, I think we've all been conditioned to think that balanced budgets are very good things. But not all deficits are bad. It is prudent or even smart to slash and scrap into a surplus like Stephen Harper has done. Especially considering that Canada's infrastructure deficit is estimated at nearly $400 billion -- and growing.

5 Programs Promised Less Cash Than Canada's 150th Birthday Bash

The Huffington Post Canada | Zi-Ann Lum | Posted 04.23.2015 | Canada Politics

In two years, Canada will celebrate its 150th birthday. To mark the milestone, the government earmarked $210 million in its federal budget for “acti...

Harper Responds To 'Granddaughter' Remark: Meh

CP | The Canadian Press | Posted 04.22.2015 | Canada Politics

OTTAWA - Stephen Harper shrugged off controversy Wednesday over his finance minister's assertion that potential future problems created by his budget ...

Aglukkaq: Best Enviro-Friendly Budget Ever

CP | Bruce Cheadle, The Canadian Press | Posted 04.22.2015 | Canada Politics

OTTAWA - No previous federal budget has ever done more for the environment than the one delivered this week by the Conservative government, according ...

Federal Budget Finally Turns Development Talk Into Action

Brett House | Posted 04.23.2015 | Canada Business
Brett House

In the 2015 federal budget, the Canadian government announced its intention to create a $300-million initiative to encourage private investment, job creation and growth that will fight extreme poverty in developing countries. Canada is the last G7 country to create a public arm to support private investment in development. Some of our counterparts have been in this business for over 50 years, doing good and making money at the same time.This initiative looks even tardier when one considers that successive Canadian governments since the early Trudeau era have bandied about the idea of creating a public entity to catalyze more private capital for development.

Highlights From The 2015 Federal Budget

CP | The Canadian Press | Posted 04.21.2015 | Canada Politics

OTTAWA - Highlights of the 2015-16 federal budget introduced Tuesday by Finance Minister Joe Oliver:— The budget is balanced, with a projected surpl...

2 Key Concerns Of Immigrant Communities Addressed In Budget

CP | Stephanie Levitz, The Canadian Press | Posted 04.21.2015 | Canada Politics

OTTAWA - Two long-standing concerns among immigrants to Canada were addressed Tuesday in the federal budget, one about how they can do better here and...

11 Everyday Expenses You Can Reduce or Ditch Entirely

Andrew Tai | Posted 04.17.2015 | Canada Living
Andrew Tai

We spend money almost every single day, but unfortunately our expenses aren't always productive. Even if you have a seemingly air-tight budget, you may still be wasting your money on trifles. How so? Perhaps you are still paying for something that's on its way to becoming obsolete or simply isn't all that practical.

What Harper Giveth, The Provinces Taketh Away

The Huffington Post Canada | Daniel Tencer | Posted 03.30.2015 | Canada Business

Prime Minister Stephen Harper is undoubtedly hoping that this year’s round of tax cuts and expanded family benefits will make Canadians feel richer ...

Alberta's Missed Heritage Fund Opportunity

Mark Milke | Posted 03.26.2015 | Canada Alberta
Mark Milke

Over the past decade, the province of Alberta treated boom-time resource revenues like a permanent state of affairs. That set the province up for fiscal failure, for multiple lost opportunities. One high-profile example is the Alberta Heritage Savings Trust Fund.

Competition Bureau Accuses Avis, Budget Of False Advertising

CP | The Canadian Press | Posted 05.11.2015 | Canada Business

OTTAWA - The Competition Bureau has accused rental car companies Avis and Budget as well as their parent company of false or misleading advertising.Th...

Why Ontario Should Stop Demanding Money From the Federal Government

Mark Milke | Posted 04.29.2015 | Canada Politics
Mark Milke

Instead of demanding more money from the federal government, Ontario could a) cut provincial spending or b) reform everything from labour laws to regulation to tax policy and electricity policy, to unleash the economy and thus produce more at-home tax revenue or c) both. Ontario should not expect continued billions in annual equalization payments. While the exact decline in equalization is unknown -- it depends on how badly the resource economies and their provincial treasuries are hit -- Ontario should face reality and act accordingly.

Why Veterans Spending Is Expected To Drop $54 Million

CP | The Canadian Press | Posted 04.26.2015 | Canada Politics

OTTAWA - The Harper government's road map to this year's federal budget suggests it is prepared to pour more money into programs and services for the ...

What Canadians Really Think About Valentine's Day

Jeffrey Schwartz | Posted 04.14.2015 | Canada Living
Jeffrey Schwartz

91 per cent would rather spend time with their partners watching Netflix or enjoying a home cooked meal. This was our favourite stat, because it shows your significant other probably doesn't want a big spectacle for Valentine's Day -- and of course, a cozy night at home is really easy on the wallet.

3 Ways to Fly for (Almost) Free

Parmjit Parmar | Posted 04.06.2015 | Canada Travel
Parmjit Parmar

Travelers looking to save money on accommodations can consider staying in a hostel, pitching a tent and camping or even give housesitting or couch surfing a try. While the sky is the limit when it comes to fine dining around the world, travelers can save money on food by cooking meals or eating local, street food.

5 Pre-Election Things To Keep An Eye On

CP | Bruce Cheadle, The Canadian Press | Posted 03.28.2015 | Canada Politics

OTTAWA - The House of Commons resumed Monday following a five-week break and now enters its last scheduled sitting before the fixed federal election d...

Kenney's Budget Musings Given Cold Shoulder By Gov't Source

CP | The Canadian Press | Posted 03.21.2015 | Canada Politics

OTTAWA - A federal official is distancing the Conservative government from Jason Kenney's public musings over the weekend that spending cuts might be ...

Oliver Vows Balanced Budget Or Bust

CP | The Canadian Press | Posted 03.16.2015 | Canada Politics

VANCOVUER, B.C. - Federal Finance Minister Joe Oliver says the government still plans to balance the budget and keep its commitments despite the colla...

Are You Suffering From Post-Holiday Bill Avoidance Disorder?

Jeffrey Schwartz | Posted 03.16.2015 | Canada Business
Jeffrey Schwartz

When you've caught the last scraps of tinsel floating around the house, and your New Year's resolutions have fallen by the wayside, there's still a final holiday tradition left to enjoy: dreading the arrival of holiday bills. Yes, this time every year, thousands of Canadians are struck with cases of Bill Avoidance Disorder (B.A.D. for short). Think you've come down with a case? Try all of the following, and call us in the morning.

A Few Points About Quebec's Debt

Michel Kelly-Gagnon | Posted 03.11.2015 | Canada Business
Michel Kelly-Gagnon

The current Quebec government is at least trying to tame its deficit and start chipping away at its huge debt. But there are some people out there who question whether or not Quebec's public debt is really such a serious problem, and therefore whether our provincial government's "austerity" policies are truly necessary.

How to Make Sure Your New Years Resolutions Are Accomplished

Coreen T. Sol, CFA | Posted 03.01.2015 | Canada Business
Coreen T. Sol, CFA

Predictably, the success or failure of your plans may be determined even before the strike of midnight. 'Tis the season for peak gym-membership sales and promises of budgeted spending. Whatever your goals are for 2015, there are a couple of safeguards you can implement to ensure that you aspirations are accomplished.

Harper's Secret Budget Cuts Undermine Canada's Democracy

Colin Kenny | Posted 01.31.2015 | Canada Politics
Colin Kenny

When a government underspends to the extent we are seeing with the Harper government, the estimates become unreliable. Parliamentarians aren't able to find out how much the government is actually spending until months after the end of the fiscal year. As a result, they can't inform the public about what programs and services have been diminished in time to make a difference. The way the underspending scheme stifles debate reminds me of the Harper government's omnibus legislation, except it's even worse.