Federal deficit unlikely to hurt bond rating: Moody’s
Tax cuts could lessen fiscal flexibility
- By: James Langton
- January 28, 2009 January 28, 2009
- 15:25
Tax cuts could lessen fiscal flexibility
Planned spending on infrastructure and housing will be slow to kick in
FOMC prepared to purchase longer-term Treasury securities to keep rates low
Canada’s recovery to be more modest as downside risks dominate
Any delays in fiscal stimulus likely to worsen growth prospects
CLHIA welcomes repeal of Section 18.2 of the Income Tax Act
Possibility of long-term structural deficits causes concern
Industry disappointed capital gains taxes not lowered
A five-part plan includes improved access to credit, help for small businesses and tax relief for consumers
Roads, sewers and green projects to take up more than $6 billion; other projects include modernization of universities
<a href="http://tv.investmentexecutive.com/video-6078-Budget-could-boost-output-and-deficits-too" target="_blank">Click here to watch the video</a>
Ottawa to pump billions into EI and a range of skills training programs
Budget measures include new facility to purchase asset-backed securities underpinned by vehicle and equipment loans and leases
Federal budget proposes to boost amount of business income eligible for reduced tax rate
Host of new powers for CDIC and a new authority are the key initiatives announced in Tuesday's federal budget
Federal budget says provincial retail sales taxes create a “burden” on business investment
At the same time, spending will boost the economy
Changes “long overdue”
U.S. markets rise despite grim economic news
Also necessary to keep federal Tories in power
It will also require increased disclosure on credit cards and mortgage insurance
The basic exemption and the two lowest tax brackets will go up 7.5%
Feds will finance outlays with more bonds
A transition office and a common act should be realized within the year
<a href="http://tv.investmentexecutive.com/video-6077-Tax-measures-aimed-to-boost-consumer-spending-housing-sector" target="_blank">Click here to watch the video</a>