Building on the Government’s 2007 Economic Statement, the Honourable Jim Flaherty, Minister of Finance, tabled a balanced, focused and prudent budget to strengthen Canada amidst global economic uncertainty. Budget 2008 continues reducing debt and taxes, focuses government spending, and provides additional support for sectors of the economy that are struggling in this period of uncertainty.
In fact, this year alone the Government is injecting $21 billion of stimulus into the Canadian economy. As a share of the economy, this is significantly greater than the stimulus package offered by the U.S. [read more...]