Minister of Finance Jim Flaherty, along with Denis Lebel, Minister of State for the Economic Development, announced that Canada's Economic Action Plan has delivered funds to 23,000 projects across the country and is on track to deliver $22 billion in stimulus funding in 2010-2011. The full release is available online. Call 613-996-7861.
Finance Minister Jim Flaherty launched the scheduled review of legislation governing federally regulated financial institutions. Call 613-943-1334.
Finance Minister Jim Flaherty issued a statement on the release of the Organisation for Economic Co-operation and Development’s (OECD) Economic Survey of Canada, which is published every two years. The full release is available online. Call 613-996-7861.
Finance Minister Jim Flaherty issued a statement on the World Economic Forum’s 2010-11 Competitiveness Report, stating he's "pleased" that Canada's banking system has been again named as the soundest in the world. The full release is available online. Call 613-996-7861. Finance Minister Jim Flaherty highlighted a Budget 2010 measure that will strengthen the ability of … Read more
Finance Minister Jim Flaherty announced the coming into force of regulations to protect Canadians who use credit cards. The new regulations will: Mandate an effective minimum 21-day, interest-free grace period on all new credit card purchases when a customer pays the outstanding balance in full. Lower interest costs by mandating allocations of payment in favour … Read more
Finance Minister Jim Flaherty released a consultation paper that proposes to give businesses more flexibility in negotiating mortgage terms with lenders. The full release is available online. Call 613-992-1631. Finance Minister Jim Flaherty announced that the Code of Conduct for the Credit and Debit Card Industry in Canada comes into effect. The full release is available online. Call 613-996-7861.
The Department of Finance released proposed changes to the Harmonized Sales Tax measures in respect of: certain financial institutions; rules and rates for streamlined accounting methods; and transitional rules for Ontario and British Columbia in respect of interment rights. Call 613-996-7861.
Finance Minister Jim Flaherty welcomed the Senate's passage and Royal Assent of the Jobs and Economic Growth Act, legislation that will help secure Canada’s economic recovery, encourage growth and create jobs. The full release is available online. Call 613-996-7861.
