Flaherty, who was only 64 when he died, was devoted to his family and one of the most popular Members of Parliament. And while his life achievements and humanity should be praised, it also needs to be said that during his time in the federal government his policies severely discriminated against the vast majority of Canadians. With apologies to Clint Eastwood, the Flaherty/Harper contributions to the economic life of the country can be broken into three main areas: The Good, The Bad, and The Ugly.
OTTAWA - The Conservative government continues to ratchet in the iron corset that will squeeze an eye-catching election-year surplus for the Canadian body politic.Finance Minister Jim Flaherty's 10th...
For the second year, my civic education organization, CIVIX Canada, consulted high school students in relation to the federal budget, and again, they point to Canada's debt as their most important fiscal issue.
OTTAWA - The Canadian Centre for Policy Alternatives is predicting a "do-nothing" federal budget next week that the left-wing think-tank says could actually worsen the country's struggling economy.In...
WAKEFIELD, Que. - Finance Minister Jim Flaherty says Canadians shouldn't anticipate any new direction from him in the upcoming throne speech in October, but should expect him to be true to his word th...
Prime Minister Harper is proving a political populist by practice and fiscal hawk by necessity; his finance minister, Jim Flaherty, is actually more the reverse. That tandem is holding, for now. A new Bank of Canada governor means renewed focus on the country's economic direction.
Stay the course, snoozer, unsurprising: Canadians hoping for more support or even excitement in Thursday’s federal budget found many words to describe the government’s 2013 fiscal plan. What they didn...
OTTAWA - Coming to a chamber of commerce or board of trade near you — a Conservative cabinet minister hawking the 2013 federal budget.The customary, post-budget day sales pitch begins in earnest today...
OTTAWA - Having all but ruled out new spending, the trick for Jim Flaherty in Thursday's budget is to maintain the impression of "action" in his fifth instalment of the Economic Action Plan series tha...
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.