As oil prices slump and take the Canadian dollar along for the ride the question of how budget projections that predicted a modest surplus can be maintained is the flavour of the month in Ottawa. Despite negative indicators the government is holding firm to its projections, but has also moved the [Read more]
With the Canadian dollar at four-year lows, attention has turned to the economy and the impact of the loonie’s devaluation on investors. Many economists are forecasting that the Canadian dollar will fall below the 89-cent (U.S.) level in 2014. National Bank analysts believe that the large [Read more]
June 10, 2010 3:00 PM McGuinty Government Helps Families and Individuals Transition to New System Ontario families will not see a change in tax on 83 per cent of purchases when the Harmonized Sales Tax (HST) comes into effect July 1. For example basic groceries, municipal transit and prescription [Read more]
McGuinty Government Tax Changes Deliver Jobs, Economic Growth A new, comprehensive study — using Statistics Canada’s Social Policy Simulation Database and Model and reviewed by some of Canada’s leading economists — shows that the province’s tax system will be more progressive [Read more]
Mike Brown, M.P.P. Algoma-Manitoulin March 12, 2010 Queen’s Park Report Mike Brown, MPP Algoma-Manitoulin Open Ontario: New Jobs, New Growth, New Opportunities Ontario We invested over $32 billion in roads, bridges, public transit and energy retrofits for our schools. This investment is [Read more]
