Alberta’s government says that its higher than expected surplus will provide a boost for its Heritage Fund and capital funding.According to the first quarter fiscal update, revenue for 2007-08 is forecast at $36.2 billion, an increase of $830 million from budget. Expenses are also up, now forecast at $33.7 billion, an increase of $533 million. […]
IFIC recommends Ottawa keep its promise to eliminate the capital gains tax
Minority budget requires opposition approval
Government proposes additional support for children in low income families
Province caps drug costs for seniors
Protection from GIS clawback, tax pre-paid savings plan, increase in RRSP conversion age limit worthy of consideration
Shadow budget recommend tax pre-paid option for retirement saving
C.D. Howe Institute ranks governments on spending promises
Income splitting for families a possibility
Although the Conservative government has managed to underestimate the likely size of the federal surplus, tax relief will probably be modest, says TD Economics.“Despite taking some steps that should have improved the accuracy of federal government fiscal projections, it appears that like their Liberal predecessors, the Conservative government has under-predicted the size of the budget […]