S&P upgrades B.C. outlook to positive
Ratings reflect progress on province's deficit
- By: IE Staff
- March 25, 2004 March 25, 2004
- 09:50
Ratings reflect progress on province's deficit
Measure likely to meet strong resistance
Consumer spending up in the U.S.
New scale focuses on expected loss and recovery in event of issuer default
Economic news lifts U.S. markets
Largest increase since October
Move to restrict pension fund holdings of income trusts causes some concern
U.S. growth to lead world economic recovery
Demand for U.S. durable goods rebounds
Industry pleased with tight rein on expenditures
Ottawa also promises money to boost public health system
Spending is under control in a budget that doesn't carry a lot of election punch
The federal government is adding its voice to the increasing clamour for a single securities regulator.In Tuesday’s federal budget, the government says it supports the…
Will also apply under tax regulations, rules and amendments
Prohibiting schemes to unload property with unused tax credits
Policy designed to plug tax revenue leakage caused by non-residents investing in funds and income trusts
Ottawa pre-empts pension funds' participation in income trusts
Education tax credit for those taking job-related post-secondary courses
Ottawa introduces new disbursement quotas and fairer penalties
Critics say proposed policy will hinder investment
Adjustments to be limited to 10 years
May set up bank for charities
Money for Afghanistan, Haiti missions plus tax relief for Defence personnel
Federal government says new funding should lead to $1 billion in VC investment in Canadian companies