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Market Wire (Free subscription) | yesterday
TORONTO, ONTARIO (MARKET WIRE) At a special meeting of unitholders held today, Flaherty & Crumrine Investment Grade Preferred Fund (TSX: FAC.UN) ("FAC") unitholders approved the extraordinary resolution to merge with Flaherty & Crumrine Investment Grade Fixed Income Fund (TSX: FFI.UN) ("FFI"). Both FAC and FFI have similar investment objectives, strategies and portfolios and pay out the...
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talk talk talk (Free subscription) | yesterday
... all because Harper rolled the dice once too often in order to strengthen his grip on power and Jim Flaherty wanted to do to Canada what his party did to Ontario and Toronto. Some are trying to bury what Harper has wrought by howling over the BQ being part of the coalition and reigniting separatist fires. But it's Harper who has consistently done that since he was elected leader of the Conservative...
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mirabile dictu (Free subscription) | 12 hours ago
... right now if the Opposition parties had shut up. The economic statement that Finance Minister Jim Flaherty made last Thursday night gave Canada exactly what with respect to our flagging economy? Here’s what, with my comments attached: 1. Eliminate subsidies to political parties. Say what? Will the the elimination of subsidies to political parties save the Canadian economy? Most decidedly...
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Toronto Sun - News (Free subscription) | yesterday
OTTAWA -- The Conservative government is rushing to table a federal budget and promising new measures to stimulate the economy as it struggles to avert a constitutional crisis. A day after the Tories reversed a contentious plan to kill tax subsidies for political parties, Finance Minister Jim Flaherty also announced yesterday the government won't proceed with a temporary ban on strikes for the...
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Full Comment (Free subscription) | 28/11/2008
Jim Flaherty may have lifted the lid on Pandora’s box by indicating Members of Parliament will be asked to share the pain of the recession with some symbolic concessions on the many perks and privileges they enjoy. The finance minister proposed a salary freeze, a reduction in discretionary spending and a crackdown on travel when he delivers his economic update today. Mr. Flaherty can’t...
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The Vanity Press (Free subscription) | 28/11/2008
So Jim Flaherty was on the brawwwwwdcast with Don Newman last night, and he lied brazenly about the cut to party subsidies. Actually, I think the world economy's the most important thing going on, and we as politicians should be prepared to exercise restraint, and we're doing that, limiting salary increases to 1.5%, and we're going to take away one of the three subsidies to the political parties....
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CBC.ca (Free subscription) | 28/11/2008
Finance minister Jim Flaherty said Friday that the federal government won't make changes to its economic update, even though opposition parties are threatening to vote against it.
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Toronto Sun - News (Free subscription) | 28/11/2008
Finance Minister Jim Flaherty says Ottawa is prepared to take additional stimulus measures as necessary to combat the economic downturn, even if that means going into a deficit.
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BigCityLib Strikes Back (Free subscription) | 28/11/2008
TORONTO (Reuters) - The Canadian dollar fell against the U.S. dollar on Friday as the possibility of a second federal election in three months raised uncertainty among investors about the government's focus on dealing with the financial crisis. [...] "When you've got a government which is basically, when they talk about the opposition parties, that there's been a declaration of war in parliament, it's...
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Full Comment (Free subscription) | 27/11/2008
The Harper government deserves two and a half cheers for its plan to kick political parties and politicians out of the tax trough. The plan, which was announced Thursday when Finance Minister Jim Flaherty delivered his fiscal update, is to deny political parties their annual public subsidy. The way it works now, a political party collects $1.95 in public funds for every vote it receives in...
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Runesmith's Canadian Content (Free subscription) | 27/11/2008
Unbelievable. Our economy is going down in flames, our manufacturing industry is at death's door, tens of thousands of people are facing unemployment - largely in Jim Flaherty's own riding - and THIS is what our finance minister has for us? Tories expected to slash party funding Symbolic cuts to politicians' perks, temporary relief for pension plans and a political grenade – ending the $30 million...
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Truth to Power (Free subscription) | 27/11/2008
Flaherty deserves to be fired as finance minister (The following letter was originally published in The Cornwall Standard Freeholder on November 19, 2008.) If Finance Minister Jim Flaherty worked in the private sector he would have been fired long ago. First he blew away a $12 billion surplus left by the previous government which always built surpluses to take care of a rainy day. The...
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DD&H SERVICES Company Blog (Free subscription) | 28/11/2008
“Whatever you imagine, We create, host and / or manage” DD&H SERVICES Company BlogPages Categories Popular Posts - 365 views - 194 views - 138 views - 124 views - 96 views - 89 views - 87 views - 82 views - 82 views - 81 viewsBlogroll Meta Won’t change economic update: FlahertyFinance minister Jim Flaherty said Friday that the federal government won’t make changes to its economic update,...
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Globe and Mail (Free subscription) | 28/11/2008
As the rapidly worsening global recession pushes governments around the world to step up spending, Ottawa's first official response is to cut back.The fiscal update presented yesterday by Finance Minister Jim Flaherty will suck $6-billion out of the economy next year. But it will show the slimmest of budget surpluses, even as his own figures show Canada has slipped into recession.