Canada’s Government Provides Broad-based Tax Relief for Individuals, Families and Businesses in 2007─08
The following News Release or Speech has just been posted on the Finance Canada Site
Ottawa, December 28, 2007
2007-112Canadian families, students, workers, seniors, and businesses large and small will continue to keep more of their hard-earned money in 2007 and 2008 thanks to substantial new tax reduction measures introduced in 2007 by the Government of Canada. Since coming to office in 2006, the Government has taken action that will by 2012-13, reduce the overall tax burden for Canadians and businesses by about $200 billion, to its lowest level in nearly 50 years.
“Since coming to office, we have reduced taxes in every way we collect revenues,” said the Honourable Jim Flaherty, Minister of Finance. “The measures introduced just in the last year show how our Government is putting Canadians first by keeping our promise to reduce taxes. Together, we are building a legacy of tax relief we can all be proud of.”


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