Tuesday, January 27th2.6°C
24736

Flaherty says no doubt of balanced budget in 2015, but won't promise it sooner

OTTAWA - Finance Minister Jim Flaherty says he'll deliver a balanced budget in 2015 without raising taxes or cutting transfers to the provinces.

But he's not promising to balance this year's budget, which is expected later this month.

Flaherty says the date of the upcoming budget will be announced later today, and says it will likely be a stopgap document, foreshadowing good news to come.

The Harper government has long touted its economic stewardship as a key strength, something Flaherty says will be underscored in the next budget.

The minister isn't giving any hints as to what the document might hold.

He has, however, played down the idea that there might be some goodies coming, saying such spending will have to wait until after the books are balanced.

It's expected that a better balance sheet in 2015 will allow the government to pay for some long-promised campaign plums, including income splitting for tax purposes.

The Canadian Press


Read more Business News

24667


Recent Trending




Today's Market
S&P TSX14815.44+17.61
S&P CDNX674.67+0.28
DJIA17421.55-257.15
Nasdaq4708.723-63.041
S&P 5002035.92-21.17
CDN Dollar0.8068+0.0052
Gold1288.80+9.40
Oil47.47+0.54
Lumber312.00-4.30
Natural Gas2.988+0.107

 
Okanagan Companies
Pacific Safety0.12-0.02
Knighthawk0.010.00
QHR Technologies Inc1.40+0.01
Cantex0.0350.00
Anavex Life Sciences0.180.00
Metalex Ventures0.035-0.005
Russel Metals24.18-0.27
Copper Mountain Mining1.08-0.01
Colorado Resources0.15+0.015
ReliaBrand Inc0.0069+0.0009
Sunrise Resources Ltd0.055+0.03
Mission Ready Services0.24+0.02

 



24910

FEATURED Property
2000282#76-2005 boucherie road
3 bedrooms 2 baths
$94,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


How to price: workbook approach

In 2008 Self Counsel Press published my book - Pricing Strategies for Small Business. The book is now available in Europe, India, Russia and the United States. The purpose of the book was to make avai...


Ailing Parents: Tax Issues

If your parent has become ill, there can be several tax issues that come into play depending on the nature of their illness, their age and the role that family members are playing. For example, if you...


What do I pay ICBC for anyway?

If you have had ongoing dealings with ICBC as a result of a car accident than you have likely had the pleasure of dealing with at least two sides of ICBC. Initially the relationship starts off pleasan...

_








Member of BC Press Council


23646