Fiscal update puts federal government promises in doubt
The government should find ways to encourage R&D start-ups to remain in Canada
Deficits continue to decline, Flaherty says
Economic growth remains modest
Revenues improved by $11.4 billion as personal income tax returns and business tax receipts increased, offsetting a drop in GST receipts
Canada's provinces must limit their spending to balance their budgets. But the task will be more challenging for some
Outlook changed to stable
Province should benefit from a gradual strengthening in the U.S. economy
Weakening global economy cast doubt on province’s deficit reduction plans
Surtax on incomes over $500,000 will go to paying down provincial deficit