Federal surplus comes in at $10.2 billion for fiscal 2008
Deficit would be serious blow to credibility of finance minister
Canada’s fiscal performance will continue to top those of ‘AAA’ rated G-7 countries
Association welcomes TFSA initiative
Institute says new plan will not trigger clawbacks on OAS
Most economists predict U.S. downturn won’t be severe
Ottawa will also move forward on RDSPs and it plans to extend the existing capital gains tax exemption for publicly-traded securities
Government removes disincentives to work
Ottawa proposes boosting time limits for contributions and access to funds
Budget includes an extension to capital cost allowances for the manufacturing sector