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23 March 2011

Federal Budget Highlights

HIGHLIGHTS

• The federal budget was tabled earlier today. With all three op­position parties indicating that they intend to vote against the budget, the government will fall on the budget. Under this sce­nario, Canada will have a federal election this Spring unless there is a change of course.

• In the meantime, the budget reflects the economic and fiscal policy intent of the Government of Canada.

• To summarize, today’s release was a stay-the-course budget with a smattering of small mea­sures.

• Highlights include a temporary hiring credit for small busi­nesses and renewed funding for the ecoEnergy retrofit program.

• Return to budgetary balance on schedule in FY 15-16. Surplus one year earlier is within strik­ing distance.

 

 

Lisette Amalfi, AMP

Mortgage Broker/Owner

Mortgage Alliance OAC Mortgages Inc.

Brokerage License Number 10928

 

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