Posts Tagged legislation

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
2008-028

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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Legislation to Speed Up Support to Vulnerable Communities Receives Unanimous Consent in Parliament

Ottawa, February 5, 2008
2008-010

The Honourable Jim Flaherty, Minister of Finance, today introduced Bill C-41 in Parliament, which was unanimously adopted at all stages. Upon receiving Royal Assent, this legislation will allow $1 billion in federal funding to begin flowing to struggling communities through the Community Development Trust recently announced by Prime Minister Stephen Harper.

“Vulnerable communities have made it clear that this funding will make a real and lasting difference in addressing economic hardship caused by a shifting global economic landscape,” said Minister Flaherty. “They have also expressed the need to receive this assistance in a timely fashion, which is why the Government of Canada made the timely adoption of Bill C-41 a priority for this parliamentary session.”

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