Canada's Federal Budget 2012

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  • Finance Minister Joe Oliver answers a question during question period in the House of Commons on Parliament Hill in Ottawa on Monday, March 30, 2015. THE CANADIAN PRESS/Sean Kilpatrick
    Finance minister to hold pre-budget meeting with economists April … The Canadian Press - Mon, 30 Mar, 2015

    Finance Minister Joe Oliver will huddle with private-sector economists early next month to prepare for his pre-election budget — a blueprint set for release as the oil … More »Finance minister to hold pre-budget meeting with economists April …

    Finance Minister Joe Oliver answers a question during question period in the House of Commons on Parliament Hill in Ottawa on Monday, March 30, 2015. THE CANADIAN PRESS/Sean Kilpatrick

    Finance Minister Joe Oliver will huddle with private-sector economists early next month to prepare for his pre-election budget — a blueprint set for release as the oil slump forces experts to downgrade economic forecasts. Sliding crude prices have meant poor economic data for January, prompting economists to lower their …

  • Income-splitting plan
    Income splitting helps fewer than 1 in 6 families, PBO says CBC - Tue, 17 Mar, 2015

    The parliamentary budget officer says the family tax cut announced last year will cost the federal government about $2.2 billion this year and will benefit fewer than … More »Income splitting helps fewer than 1 in 6 families, PBO says

    Income-splitting plan

    The parliamentary budget officer says the family tax cut announced last year will cost the federal government about $2.2 billion this year and will benefit fewer than one in six households. The program is meant to fulfill the Conservatives' 2011 election promise to bring in income splitting for families once the budget …

  • High consumer debt reflects 'laissez-faire' attitude to borrowing
    High consumer debt reflects 'laissez-faire' attitude … CBC - Wed, 11 Mar, 2015

    Canadians spend too much money they don't have. Economists have been sounding the alarm about consumer debt for the last few years. Yet despite all the warnings, a … More »High consumer debt reflects 'laissez-faire' attitude …

    High consumer debt reflects 'laissez-faire' attitude to borrowing

    Canadians spend too much money they don't have. Economists have been sounding the alarm about consumer debt for the last few years. Yet despite all the warnings, a new Statistics Canada report suggests Canadians continue their free-spending ways, which experts say is due to a carefree outlook on borrowing money. "People …

  • The United States Federal Reserve Board building is shown behind security barriers in Washington
    Americans say keep politics out of the Fed Reuters - Mon, 2 Mar, 2015

    Just 24 percent of those polled said Congress should be allowed to have detailed oversight of the Fed, the poll shows. The poll of 1,388 Americans was conducted from … More »Americans say keep politics out of the Fed

    The United States Federal Reserve Board building is shown behind security barriers in Washington

    Just 24 percent of those polled said Congress should be allowed to have detailed oversight of the Fed, the poll shows. The poll of 1,388 Americans was conducted from Feb 20-24 to measure whether people supported proposed legislation that would expose the Fed to a full government audit, a move being led by Rand Paul, a …

  • A woman takes tampon boxes out of a supermarket shelf in Buenos Aires
    Should Ottawa be taxing women's periods? Daily Brew - Wed, 11 Feb, 2015

    As the Conservative government rejigs its 2015/16 budget, delayed until April to deal with the impact of falling oil prices on tax revenue, a group of women is reviving … More »Should Ottawa be taxing women's periods?

    A woman takes tampon boxes out of a supermarket shelf in Buenos Aires

    As the Conservative government rejigs its 2015/16 budget, delayed until April to deal with the impact of falling oil prices on tax revenue, a group of women is reviving an effort to exempt feminine hygiene products from GST, a move that could cost Ottawa millions. “It’s a product that women and girls use, and there’s not …

  • U.S. urges euro zone leaders to compromise with Athens: FT Reuters - Mon, 9 Feb, 2015

    The Obama administration is pushing euro zone leaders to compromise more with Greece's new government as fears grow that a protracted budget stand-off could damage the … More »U.S. urges euro zone leaders to compromise with Athens: FT

    The Obama administration is pushing euro zone leaders to compromise more with Greece's new government as fears grow that a protracted budget stand-off could damage the global economy, the Financial Times reported on Sunday. The U.S. lobbying effort comes amid mounting concerns in Brussels and Washington about the hardline …

  • Liberal leader Trudeau speaks in the House of Commons in Ottawa
    Psychic offers his predictions for Canadian politics in 2015 Canada Politics - Tue, 30 Dec, 2014

    We ask psychic medium Blair Robertson for his thoughts on the political future of Canada in 2015. More »Psychic offers his predictions for Canadian politics in 2015

    Liberal leader Trudeau speaks in the House of Commons in Ottawa

    We ask psychic medium Blair Robertson for his thoughts on the political future of Canada in 2015.

  • The House: 2014 year-end political quiz
    The House: 2014 year-end political quiz CBC - Sat, 27 Dec, 2014

    Were you paying attention to the world of politics in 2014? More »The House: 2014 year-end political quiz

    The House: 2014 year-end political quiz

    Were you paying attention to the world of politics in 2014?

  • 2015 Politics preview: Harper and Duffy and Peladeau, oh my! Yahoo Canada News - Tue, 23 Dec, 2014

    A federal election, the Mike Duffy trial and Pierre Karl Peladeau's run for the PQ party. What more could we ask for from 2015? More »2015 Politics preview: Harper and Duffy and Peladeau, oh my!

    A federal election, the Mike Duffy trial and Pierre Karl Peladeau's run for the PQ party. What more could we ask for from 2015?

  • Keith Peterson wants Nunavut’s debt cap upped to $750M CBC - Tue, 16 Dec, 2014

    Keith Peterson, Nunavut's finance minister, says he wants to see the territory's debt cap increase to $750 million. More »Keith Peterson wants Nunavut’s debt cap upped to $750M

    Keith Peterson, Nunavut's finance minister, says he wants to see the territory's debt cap increase to $750 million.

  • Public servants' retirement money should not be stashed in tax havens, opposition MPs said Thursday in the wake of CBC News revelations about the federal civil service's pension funds. "It is deeply troubling," said Murray Rankin, the NDP's critic on tax issues. "Here we are talking at the OECD really tough about how …

  • By Brendan O'Brien WEST ALLIS Wis. (Reuters) - Wisconsin Republican Governor Scott Walker has won re-election, Reuters/Ipsos projected on Tuesday, prevailing in a tough fight against Democratic challenger Mary Burke. Walker, 47, a conservative Tea Party favorite considered to have presidential aspirations, also survived …

  • Canada's Prime Minister Harper points while doing arts and crafts with a student at the Joseph & Wolf Lebovic Jewish Community Campus school in Vaughan

    John Geddes on the politics behind the family tax platform

  • During the 2011 election campaign, Prime Minister Stephen Harper promised that if he was re-elected his government would allow families with young children to be able to shrink their tax burden by splitting parents' incomes for tax purposes. What did Harper promise in 2011 on income splitting? In 2011, the plan was to …

  • Canada's PM Harper speaks at the Joseph & Wolf Lebovic Jewish Community Campus in front of an audience of school children in Vaughan

    By Alastair Sharp VAUGHAN Ontario (Reuters) - Canadian Prime Minister Stephen Harper unveiled C$26.76 billion ($23.89 billion) in family tax cuts and benefits over six years on Thursday, which will start flowing to voters over the coming year as the country gears up for an election next October. Normally, tax measures are …

  • Stephen Harper announces family tax cut, child care benefit boost

    Prime Minister Stephen Harper has announced a new "family tax cut," a version of the family income-splitting promise he made during the 2011 federal election, along with increases to monthly child care benefit cheques and to the amount taxpayers can deduct for child care expenses. The tax cut comes in the form of a non-refundable …

  • Canada's Finance Minister Oliver speaks during Question Period in the House of Commons on Parliament Hill in Ottawa

    Prime Minister Stephen Harper will on Thursday unveil a scaled-down version of the Conservatives’ 2011 campaign commitment to allow income-splitting by parents with children younger than 18 once the federal budget is balanced.

  • New tax cuts for families

    The late Finance Minister Jim Flaherty rarely beat around the bush — and that was certainly the case when he offered up this assessment of his own government's proposed income splitting for families: The income-splitting promise, made during the 2011 election campaign, would allow families with children under 18 years …

  • Should the Conservatives make good on their promise to introduce income splitting for couples with children under 18 before the next federal election, Justin Trudeau says a Liberal government would move to reverse that decision. Trudeau, who was in Toronto to promote his newly published memoir Common Ground, which he's released …

  • Finance Minister Joe Oliver said reducing taxes will be a priority in the 2015 budget, ahead of his meeting with high-powered business leaders today and tomorrow for his annual policy retreat in Wakefield, Que. 

 

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