Heritage Fund had capital losses of $605 million in second quarter
Program expenses increase by $1.5 billion
Global financial crisis hits provincial finances
Government must be prepared to intervene to ensure that credit conditions, financial stability, and the effective working of the financial system are maintained
Pre-budget submissions also call for personal income tax reductions, changes to pension income-splitting
GDP growth revised lower in mid-year economic update
GST revenues down 21%
While resources drive prosperity for some, Ontario could become a have-not
Federal surplus comes in at $10.2 billion for fiscal 2008
The federal government is on track to exceed the $10.2 billion surplus it had forecast in the February budget despite the revenue drain of personal and business tax cuts it put in place last fall.The government’s fiscal monitor shows that Ottawa took in $2.9 billion more than it spent in February, bringing the 11-month tally […]