Tuesday, October 21st9.0°C
23836

New Finance boss is with Harper on income splitting promise

OTTAWA - Newly minted federal Finance Minister Joe Oliver says the Harper government will keep its campaign promise on income splitting.

But Oliver says he wants time to study the issue before announcing details of how it might work.

Oliver was sworn in as minister this morning, replacing Jim Flaherty, who resigned Tuesday.

Oliver says his first priority is to work on improving economic conditions for job growth.

Flaherty had questioned whether income splitting was a good idea, causing a rift in the Conservative caucus.

But late last month, Prime Minister Stephen Harper reaffirmed his support for the policy, saying it would be a welcome break for families.

The Canadian Press


Read more Business News

22980


Recent Trending




Today's Market
S&P TSX14337.77+110.09
S&P CDNX811.351.22
DJIA16399.6719.26
Nasdaq4316.075+57.637
S&P 5001904.01+17.25
CDN Dollar0.8883+0.0024
Gold1252.70+8.00
Oil81.78+0.40
Lumber330.40-0.50
Natural Gas3.68+0.01

 
Okanagan Companies
Pacific Safety0.10-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.12+0.01
Cantex0.055-0.025
Anavex Life Sciences0.191+0.001
Metalex Ventures0.050.00
Russel Metals32.28-0.07
Copper Mountain Mining1.99+0.05
Colorado Resources0.15+0.005
ReliaBrand Inc0.0111-0.0019
Sunrise Resources Ltd0.060.00
Mission Ready Services0.450.00

 



23658

FEATURED Property
2087446665 cook road #367
1 bedrooms 1 baths
$443,000
more details
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...

_








Member of BC Press Council


22962