OTTAWA - Stephen Harper shrugged off controversy Wednesday over his finance minister's assertion that potential future problems created by his budget should be left to the prime minister's granddaught...
OTTAWA - No previous federal budget has ever done more for the environment than the one delivered this week by the Conservative government, according to Environment Minister Leona Aglukkaq.The puzzlin...
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 another about how they can better help their fami...
OTTAWA - Highlights of the 2015-16 federal budget introduced Tuesday by Finance Minister Joe Oliver:— The budget is balanced, with a projected surplus of $1.4 billion this year, increasing to $4.8 bil...
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.
Prime Minister Stephen Harper is undoubtedly hoping that this year’s round of tax cuts and expanded family benefits will make Canadians feel richer as the country heads towards a fall election, but a...
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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.
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OTTAWA - The Competition Bureau has accused rental car companies Avis and Budget as well as their parent company of false or misleading advertising.The federal agency has filed an application with the...
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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.
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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 country's veterans, while largely holding the line...
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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.
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.
OTTAWA - The House of Commons resumed Monday following a five-week break and now enters its last scheduled sitting before the fixed federal election date next October. Here are five things you should...
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OTTAWA - A federal official is distancing the Conservative government from Jason Kenney's public musings over the weekend that spending cuts might be required to balance the budget.In a series of inte...
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.
VANCOVUER, B.C. - Federal Finance Minister Joe Oliver says the government still plans to balance the budget and keep its commitments despite the collapse of oil prices.Oliver’s remarks follow recent e...
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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.
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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.
Canada's economy three times as exposed to oil price changes as in 1998 collapse Lower gas prices will put $10 billion extra in Canadian consumers' hands Loonie to hit 81 cents U.S. Canada’s growin...
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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.
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OTTAWA - Prime Minister Stephen Harper was briefed earlier this year on how across-the-board budget cuts hurt public service morale, productivity and citizen satisfaction.The memorandum — headlined "D...
In the wake of new health expenditure data from the Canadian Institute for Health Information (CIHI), the evidence continues to mount that Canadian public health expenditure growth is moderating. Moreover, adjusting for inflation and population growth, per capita provincial and territorial government health expenditures have actually declined since their peak in 2010.
Neither falling oil prices, today’s disappointing GDP numbers, nor the $2.4-billion cost of the new income-splitting and baby bonus programs announced yesterday will prevent the federal government fro...
Thirty-nine per cent of Canadians surveyed have no idea how they would pay for their expenses if they had no income for six months -- and the number swells to 44 per cent for those under the age of 35. Here are five easy steps you can take to start building up an emergency fund.
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Spending time with one child allows you to really connect with what they're doing at school, the friends they're hanging out with, and what they think about what's going on in the world as well. We also became quite adept at picking out the accents and languages of fellow travellers -- many British, German, and Eastern European dialects.
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OTTAWA - The federal government ran a surplus of $1.6 billion in June compared with a surplus or $200 million in the same month last year.The Finance Department said the increase came as revenue climb...
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If you know you are about to be attacked, why not beat the other side to the punch? The same philosophy works with student debt. Build up a solid defense against it by working part time and saving money throughout the next 3-4 years. This way, when that debt tries to attack you after graduation, you'll be armed with a sizable nest egg you can use to pay down the principal.
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Have you ever had one of your friends ask to borrow money from you? Most of us are willing to oblige when the amount is small -- like $10 or $20 -- but what about when the amount is more significant? You are placed in an extremely difficult spot when a friend or family member is asking for $1,000, $5,000 or more.
The important thing is to write the goals down and post them somewhere that you see them everyday. Don't be embarrassed about putting them on the fridge and having your friends see them when they come over for a visit. You may not be proud of falling into debt but you should be proud of overcoming it.
You think that kids of celebrities have it easy? Think again. Sting's surprising announcement that he's not leaving any of his vast fortune to his children was a shock to many. How could this multimillionaire leave his kids to have to *gasp* work for a living? It just didn't seem right.
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Canada Day is coming up on July 1. Proud Canadians will be gathering with their friends and family to celebrate the birth of our nation all those years ago. And in true Consolidated Credit fashion, utilize these truly Canadian ways to ensure that you and your family have a financially secure future.
Grab a couple of gloves and a ball and ask your dad to play catch with you just like you did years ago. You may not have the same coordination as in the past, but it will be fun nonetheless. And you know what? It's not even the act of throwing and catching that will make this gift memorable -- it's the quality time and conversation you'll have while doing it that he'll remember.