Posts Tagged Budget 2008

Minister Flaherty Tables Legislation to Implement Budget 2008 Measures and Protect Canada’s Fiscal Framework

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

Ottawa, March 14, 2008
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The Honourable Jim Flaherty, Minister of Finance, today introduced legislation in the House of Commons to implement key measures from Budget 2008. The bill also includes language to protect the Government’s fiscal plan from the effects of Bill C-253.

“Budget 2008 is a plan that is prudent, focused and responsible in this period of economic uncertainty,” said Minister Flaherty. “The bill being tabled today will benefit all Canadians with measures such as the new Tax-Free Savings Account. It will also protect the fiscal framework from a Private Member’s bill that risks plunging the federal government back into deficit.”

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Federal Government Moves to Strengthen Canada’s Tax Advantage and Protect the Fiscal Framework

The following is now available at the Department of Finance site:

Ottawa, March 11th, 2008
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The Honourable Jim Flaherty, Minister of Finance, today tabled in the House of Commons a Notice of Ways and Means Motion to implement Budget 2008 tax measures. The Notice also includes provisions to protect the Government’s fiscal plan from the effects of Bill C-253.

“Budget 2008 is a plan that is prudent, focused and responsible in this period of economic uncertainty,” said Minister Flaherty. “Now, having received approval of the House of Commons for the budget framework, we are presented with a Private Member’s bill that risks plunging the federal government back into deficit. Our government told Canadians we would maintain a balanced budget and we intend to keep our word.”

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February 26, 2008 - Budget Day - Canada

The Budget 2008 is now online .. labelled “Responsible Leadership”

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A new savings program that will allow Canadians to put aside up $5,000 annually — tax free forever — is being trumpeted by Flaherty as the “single most important personal savings vehicle since the introduction of the RRSP.” - The Winnipeg Sun

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The New Federal Budget Site - Past Present Future

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http://www.budget.gc.ca/

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Government to Table its Third Budget on February 26, 2008

Ottawa, February 11th, 2008
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The Honourable Jim Flaherty, Minister of Finance, will table the Government’s third budget on February 26, 2008. The Minister will present it in the House of Commons at approximately 4 p.m. EST that day.

“In this budget, we will be doing what households and businesses do when things are uncertain: we will be acting in a responsible manner,” said Minister Flaherty.

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