Monday, October 20th11.6°C
23836
22916

Text of Prime Minister Stephen Harper's statement on Flaherty resignation

OTTAWA - Prime Minister Stephen Harper's statement Tuesday on the resignation of his longtime minister of finance, Jim Flaherty:

It is with great reluctance that today I accepted the resignation from cabinet of Jim Flaherty, minister of finance, so that he can eventually return to the private sector.

In a political career of almost 20 years, Minister Flaherty has exemplified the best qualities of those who enter public life: a true commitment to service, and a sincere desire to leave the country in better shape than it was when he entered politics.

Canada has benefited immensely from Minister Flaherty's contributions as one of the longest serving finance ministers in our history. Since 2006, he has been a steady hand, ably guiding Canada through the most challenging economic times since the Great Depression and gaining the country a solid global reputation for economic management.

We emerged from the crisis in a position of strength. Today we lead the G7 in job creation, Canada is recognized as one of the best places in the world to do business, and we are fulfilling our commitment to keep taxes low. And, thanks largely to Minister Flaherty, our government will balance the budget by 2015, as we promised to do.

On behalf of cabinet, members of Parliament and all Canadians, I thank Minister Flaherty for his long and dedicated service to his constituents and to Canada. We wish him and his family well as he begins the transition to private life.

In the coming days I will announce Minister Flaherty's replacement.

The Canadian Press


Read more Business News

23846


Recent Trending




Today's Market
S&P TSX14301.42+73.74
S&P CDNX811.151.02
DJIA16353.31-27.10
Nasdaq4293.994+35.556
S&P 5001896.11+9.35
CDN Dollar0.8864-0.0001
Gold1244.80+5.80
Oil81.45-0.17
Lumber330.80-3.80
Natural Gas3.671-0.095

 
Okanagan Companies
Pacific Safety0.10-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.110.00
Cantex0.055-0.025
Anavex Life Sciences0.1995+0.0095
Metalex Ventures0.05+0.005
Russel Metals32.12-0.23
Copper Mountain Mining1.95+0.01
Colorado Resources0.15+0.005
ReliaBrand Inc0.0111-0.0019
Sunrise Resources Ltd0.060.00
Mission Ready Services0.46+0.01

 





FEATURED Property
2073734602 1630 Pandosy Street
2 bedrooms 2 baths
$699,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_





23803


Member of BC Press Council


22496