OTTAWA -- Long the whipping boys of revenue-hungry governments, Canadian smokers are now the target of the Conservative crusade against the deficit. The Tories are making a $700-million tax grab by wh...
OTTAWA - The badly needed new equipment on the Canadian military's shopping list may end up becoming a wish list over the next three years after Tuesday's federal budget pushed $3.1 billion in planned...
OTTAWA - A look at some unusual items included in Finance Minister Jim Flaherty's budget, delivered Tuesday:Disgraced senators or MPs suspended from their jobs won't be allowed to accumulate lucrative...
OTTAWA - Finance Minister Jim Flaherty is hinting his upcoming budget will include further modest cuts in spending if they're needed to keep the federal government on track to balance the budget by 20...
Whether it's marginalizing low-income seniors by increasing the qualifying age for OAS, or cutting funds to regional development programs that create jobs, or not announcing any new funding for affordable housing -- when the existing program funds are set to expire soon -- this budget is simply wrongheaded, misguided, prejudicial, and disconnected from the needs of Canadians.
It's done! The budget is a vigorous economic action plan for Canada. Most important, it is a long-term vision. Many measures have been adopted to ensure that government policies encourage the creation of wealth and private-sector jobs. What are the changes?
With Greece and other peripheral euro zone countries on the verge of debt implosion, Japan's deficit soaring above Mount Fuji, and the U.S. at a stage where a one trillion dollar deficit would be seen as a successful budget, Canada's deficits appear minor.
From the perspective of the three westernmost provinces, there were some promising measures in the latest budget: Outside pressure from over-zealous environmentalists and the current regulatory framework threaten to undermine productivity in the resource sector. The budget attempts to streamline the process. It also attempts to help with Western labor shortage through immigration reform.
The 2012 federal budget was the last silky adornment to be peeled off in Stephen Harper's long dance of seven veils with Canadian Conservatives. Turns out there's not much underneath.
An important long run element in today's budget is the change in "retirement age" -- actually a change in the age of eligibility for Old Age Security (OAS). Nowadays, age 65 is more like late middle age than old age and people who reach that age can look forward, on average, to a couple of decades of an enjoyable life.
First, the Harper government lied. Before we get to the actual economics, there is a fundamental issue of integrity and keeping promises. Harper, once again, has failed on this score. Harper promised that he wouldn't touch pensions or the OAS, but he did.
Budget news came down the Parliamentary stairway with Finance Minister Jim Flaherty and Stephen Harper sharing in a laugh while reporters furiously thumbed their blackberries, shoved mics in politcians' faces, or yelled, "Tweet that!" in newsrooms (as we did at HuffPostCanada). Feeling a little bombarded with info? We thought you might be.
CALGARY - Finance Minister Jim Flaherty says the challenges of Canada's aging population are coming up repeatedly in his pre-budget consultations.Government programs like Old Age Security are expected...