Focus on Public Policy: Federal Budget 2010 - March 2010
Date:
March 4 2010
Building on the March 3rd Speech from the Throne, Federal Finance Minister Jim Flaherty tabled the Conservative government’s fifth full budget on March 4, 2010. Entitled Leading the Way on Jobs and Growth, the budget outlined the government’s plan to solidify Canada’s economic recovery, return to fiscal balance and increase our competitiveness.
As expected, the government stuck to its commitments of no tax increases or cuts to government spending, as well as protecting pensions and transfers to the provinces. Rather, the government will rely on slowing the rate of government spending and growth to balance its books after 2015. Echoing its commitments from the Throne Speech, there were also significant announcements with respect to international competitiveness and research and innovation.
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