Conservatives compromise on tax rates and basic personal amounts
July 1 is the date it all changes
- By: Stewart Lewis
- May 2, 2006 May 2, 2006
- 15:52
July 1 is the date it all changes
Government introduces four solvency relief measures
Recognizing economic impact, government puts money aside
Conservatives eliminate double taxation of dividends
Keeping our borders open, reducing regulatory red tape and barriers to interprovincial trade and investing in education and research and development are key
Program spending up 5% in fiscal 2007
The first budget of Stephen Harper’s minority Conservative government features numerous visible tax breaks for individuals, both new and accelerated tax cuts for businesses and…
Canadian dollar continues upward climb
Crude prices to reach US$90 per barrel next year
Price of gold to hit US$800 as well
Higher prices for gasoline and fuel oils
Earnings season continues
Canadian dollar hits highest trading level in 28 years
Most are still adhering to some common myths and misconceptions
But inflation expectation rises
Microsoft earnings fail to beat forecasts
Chinese interest rake hike at the cause of commodities, market downturn
Firm expects another 25-bps rise before an extended break
But economic growth will moderate as year progresses
Growth, inflation expected to remain steady through 2008
The economy is also sure to benefit from the Conservatives’ proposed deferral
Growth expected to be sustained through 2006 - Ernst & Young report
Investors await remarks from Fed chief, BoC governor