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New $20 banknote costs Bank of Canada a pretty penny
OTTAWA — The Bank of Canada spent a sizable sum of taxpayer green to unveil its new green $20 banknote. Canada’s central bank spent the equivalent of nearly 2,000 new $20 bills — or close to $40,000 in...
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Flaherty still expected to balance federal budget by 2015-16, new figures show
OTTAWA — The federal government is girding for a potential multibillion-dollar hit to its revenues this year due to changing economic circumstances and softening commodity prices, although spending...
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Conservative government’s sweeping budget top political story for 2012: Poll
OTTAWA—The Harper government’s decision to cut $5.2 billion in spending and revamp the public sector pension plan was the top political story of the year for Canadians, according to a new poll....
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Encrypted laptop, casino reports belonging to federal agency stolen from...
OTTAWA—The federal agency charged with preventing the flow of money to organized crime and terrorists had an encrypted laptop, hard copy reports and an unencrypted USB memory stick stolen in October,...
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Jim Flaherty defends FINTRAC over data breach of casino dealings
OTTAWA—Finance Minister Jim Flaherty defended the federal agency charged with stemming the flow of funds to terrorists and organized crime on Tuesday over a data loss that occurred late last year,...
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Federal budget offers tax breaks on baby clothes, adoption expenses and...
OTTAWA — Canadians will receive extra tax relief on baby clothes, adoption expenses and sporting equipment as part of new measures announced in Thursday’s budget, but smokers will face a substantial...
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Budget engages companies in retraining unemployed but offers little new grant...
OTTAWA — The federal government wants the private sector to play a bigger role in retraining unemployed workers and matching them with in-demand jobs. Finance Minister Jim Flaherty unveiled the latest...
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No-frills federal budget aims to help job seekers, clamp down on tax evaders
OTTAWA — The Harper government, midway through its majority mandate, has introduced a no-frills budget that promises to connect Canadians with jobs, slay the deficit by 2015-16 and provide cheaper baby...
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Jim Flaherty explains his budget to reporters (Video)
OTTAWA—Finance Minister Jim Flaherty walked into a room full of reporters Thursday and first talked about the parts of the budget he wanted to highlight. Then it turned to questions. Here’s the raw...
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Finance Minister Jim Flaherty condemns NDP policy proposals
The Conservative party issued an interesting statement Wednesday from Jim Flaherty, the federal finance minister, condemning policy proposals that will be debated this weekend by the federal NDP at its...
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Final Canadian penny gets stamped
For many Canadians, it’s a cause for celebration and, perhaps, a little bit of nostalgia. On Friday, May 4th, the Royal Canadian Mint in Winnipeg will produce the final Canadian penny, and commemorate...
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Stephen Harper heads to G20 summit with blunt words, poised to announce...
OTTAWA — Prime Minister Stephen Harper joins other world leaders in Mexico Monday for a critical G20 summit with some blunt messages: Reduce your deficits; find innovative, sometimes politically...
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Penny lives on… just a little bit longer
The penny lives on… for a little while longer. The federal government announced Monday the Royal Canadian Mint will continue to distribute the Canadian penny until February 4, 2013. Ottawa had...
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Conservatives slashing jobs and spending in bid to balance budget
OTTAWA — Embassies are being sold, government libraries closed, thousands of public sector jobs eliminated and billions of dollars are going unspent in the name of one broader Harper government goal:...
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Finance Minister Jim Flaherty to deliver federal budget Feb. 11 during Olympics
OTTAWA — Finance Minister Jim Flaherty will deliver the federal budget on Feb. 11, when many Canadians will be more focused on athletes competing for gold than on how their federal government is...
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Flaherty’s budget to tackle price gap with United States
OTTAWA – Finance Minister Jim Flaherty’s budget Tuesday is expected to include new measures to further combat the price gap between identical goods that sell for more in Canada than in the United...
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Canada Job Grant program to proceed with or without provinces, finance...
OTTAWA — Finance Minister Jim Flaherty says the federal government will proceed with the controversial Canada Job Grant program with or without the provinces, serving notice to premiers that Ottawa...
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Conservative retreat from income-splitting pledge could lead to schism in...
OTTAWA — Prime Minister Stephen Harper is retreating from an election pledge to provide income-splitting for Canadian families, saying Thursday that tax relief is a high priority for the Conservatives...
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The Flaherty file: What you need to know
– Full name: James Michael Flaherty – Born Dec. 30, 1949 in the Montreal suburb of Lachine, Que. (Age: 64) Sixth of eight Flaherty children – Took a newspaper delivery route as a kid in order to afford...
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Partisan politics briefly forgotten as MPs mourn sudden death of Jim Flaherty
By Mark Kennedy, Meghan Hurley and Glen McGregor Ottawa Citizen OTTAWA — As she waited for paramedics to arrive at the condominium unit of Jim Flaherty Thursday afternoon, Dr. Kellie Leitch tried in...
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Federal budget coming March 29, but don't expect detailed information on...
Jason Fekete Postmedia News OTTAWA — The Conservative government will demand some “moderate” public sector belt-tightening in a federal budget to be delivered Thursday, March 29, Finance Minister Jim...
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Group of protesters interrupt Jim Flaherty’s budget speech in House of Commons
Finance Minister Jim Flaherty was interrupted in the middle of his budget speech Thursday by about a dozen protesters — young and old — who were in the House of Commons viewing gallery chanting: “Where...
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