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 […]
Province to spend $37 billion this year to keep up with growth
Despite earlier promises of further tax cuts, this year’s budget was one of “prudence and discipline”
Cuts to income taxes and GST reduces revenues by 4%
$4 million set aside for research and education centre
Association disappointed that province failed to accelerate full elimination of capital tax