Wednesday, March 4th-10.0°C
25405
23829

Canadian Finance Minister Jim Flaherty resigns from cabinet

TORONTO - Longtime Canadian Finance Minister Jim Flaherty has resigned from his cabinet position.

Flaherty, who has had the job since 2006, said Tuesday he is returning to the private sector.

He has battled a rare skin disease over the last year but he says his decision to leave politics is not related.

Prime Minister Stephen Harper's Conservative government plans on entering an election next year with a budget surplus.

Canada's commodity-rich economy avoided the worst of the 2008 financial crisis and has fared better than other nations. There was no mortgage meltdown or subprime crisis in Canada, and Canada's banks are rated among the soundest in the world.

The Canadian Press


Read more Business News

25194


Recent Trending




Today's Market
S&P TSX15055.47-78.38
S&P CDNX701.01-1.29
DJIA18035.79-167.58
Nasdaq4939.922-39.979
S&P 5002088.64-19.14
CDN Dollar0.8017+0.0011
Gold1220.40+7.80
Oil51.59-0.55
Lumber290.80-3.60
Natural Gas2.699-0.035

 
Okanagan Companies
Pacific Safety0.13-0.005
Knighthawk0.010.00
QHR Technologies Inc1.59-0.01
Cantex0.035-0.005
Anavex Life Sciences0.18+0.005
Metalex Ventures0.04-0.005
Russel Metals24.64-0.57
Copper Mountain Mining1.24-0.01
Colorado Resources0.125-0.01
ReliaBrand Inc0.0065-0.0015
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.21-0.005

 



24353

FEATURED Property
21470192780 Auburn Rd
2 bedrooms 2 baths
$299,500
more details
image2image2image2
Click here to feature your property
Please wait... loading


Refinance your mortgage?

Canadian Mortgage rates are low and could be dropping down in time for the spring market following a drop in the Bank of Canada Rate on January 21 by 1/4% which will save new buyers and those with mo...


Creating your retirement vision

A vision means different things to different people. To the head of a large corporation, it’s the ability to chart a course that will deliver success (think Steve Jobs and Apple), to a shaman, i...


Are you asking the right questions?

Have you ever had this happen to you? You are in the middle of your second or third good discussion with a prospect and everything seems to be going great. The prospect seems engaged and happy to work...

_








Member of BC Press Council


25413