Friday, March 27th6.0°C
25657
24921

Don't lose sight of business needs before spending surplus: executives

OTTAWA - A group representing some of Canada's biggest corporations is urging the federal Conservatives to take a deep breath before making any decisions about spending surplus cash.

The Canadian Council of Chief Executives says it supports Finance Minister Jim Flaherty's efforts to balance the books, but there will be plenty of people with their hands out once he posts a surplus ahead of the next federal election.

It's no secret that the Conservatives want a surplus in 2015 so they can deliver on previous election promises, such as partial income splitting for families, among other tax cuts

Council President John Manley, a former finance minister, says Flaherty shouldn't lose sight of what businesses also need in the run up to the 2015 election.

In a letter obtained by The Canadian Press, Manley says the Tories should take a more active role in designing a labour strategy to ensure workers have the right skills for today's job market.

He says the council would also like to see the Tories work with the provinces and the United States to improve infrastructure.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14804.25-65.55
S&P CDNX677.33-2.23
DJIA17723.61+45.38
Nasdaq4879.29+15.93
S&P 5002059.86+3.71
CDN Dollar0.7978-0.0032
Gold1196.30-8.80
Oil50.14-1.29
Lumber282.80-3.20
Natural Gas2.621-0.051

 
Okanagan Companies
Pacific Safety0.125-0.005
Knighthawk0.010.00
QHR Technologies Inc1.49-0.01
Cantex0.03-0.01
Anavex Life Sciences0.21+0.00
Metalex Ventures0.04-0.01
Russel Metals24.58-0.10
Copper Mountain Mining1.11-0.02
Colorado Resources0.11-0.01
ReliaBrand Inc0.0075-0.0004
Sunrise Resources Ltd0.045+0.000
Mission Ready Services0.235+0.000
Decisive Dividend Corporation1.78-0.32

 



24497

FEATURED Property
17979007210 Brent Road, Peachland, BC
5 bedrooms 4 baths
$989,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


CRA Notice of Assessment

Many Canadians rush to file their taxes on time each year and don’t think about it until the next year. One of the most overlooked notices received from the CRA annually is the annual Notice of ...


Medical confidential?

If ICBC asks your doctor for your information you may wonder: Can ICBC ask my doctor for my medical information? Can ICBC request a medical report from my doctor without my consent? What is ICBC entit...


Stay out of sales limbo!

Have you ever had a series of good meetings with a prospect … gathered all kinds of information … and given what you thought was a great presentation … only to receive a response ...

_





25666


Member of BC Press Council