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How do you count your cash bills?

Found at: cindyking’s posterous

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The following News Release or Speech was posted on the Finance Canada Site May 25, 2009

Chelsea, May 25, 2009
2009-051

Federal, provincial and territorial Ministers of Finance, as joint stewards of the Canada Pension Plan (CPP), today announced the results of the program’s triennial review at the close of their annual spring meetings at Meech Lake.

The review confirms that the CPP, a key pillar of Canada’s retirement income system, remains on a sound financial footing. “The CPP is well positioned to weather the current market turbulence,” said the Honourable Jim Flaherty, Minister of Finance. “Canadians can count on an affordable CPP today and for the future.”

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Flaherty Welcomes Earlier Tax Freedom Day

The following News Release or Speech has just been posted on the Finance Canada Site.

Ottawa, June 6, 2009
2009-056

OTTAWA – June 6, 2009 – The Honourable Jim Flaherty, Minister of Finance, was pleased to welcome Tax Freedom Day today, as it occurs three days earlier in 2009 than in 2008. Calculated each year by the Fraser Institute, Tax Freedom Day marks the day to which the average Canadian had to work to pay their total tax bill. In 2009, the Fraser Institute has calculated that Tax Freedom Day is today—June 6th. In 2008, Tax Freedom Day fell on June 9th.

“Our Government’s commitment to lower taxes is long-standing, and has been backed by action in every one of our budgets,” said Minister Flaherty. “We have been working to reduce the tax burden on Canadians since the day we took office, and as a result Tax Freedom Day for the average Canadian family has steadily decreased. Even in today’s global recession, we have provided tax relief that has left more money in the hands of families and businesses across Canada, giving the economy a boost when it needs it most.”

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