Finance Minister Jim Flaherty says he's been given marching orders to prepare Canada for life in a post-financial-crisis world, starting with a plan to return Canada to a budget surplus as soon as possible. As a result, Flaherty said he would be wary of accepting new spending commitments beyond what's in Ottawa's $46.6-billion stimulus package, including proposed changes that would enrich the employment-insurance program. For the past two days, Flaherty has met with business, academic and think-tank leaders at a confer
ence centre in Chelsea, Que., to gather feedback as to what should drive government policy in the short and long term. In an interview, Flaherty said the most pressing issue he heard was the need to lay out a more detailed road map toward a budget surplus once the two-year stimulus plan has expired. It is an indication deficit reduction could emerge as a key policy theme for the Conservative government once Parliament returns in the fall. Speculation about election timing resumes in earnest. "What I have heard a lot about is the need to reduce government deficit and debt over time," Flaherty told the National Post. "There was an acceptance broadly of the need for stimulus spending . . . but there is definitely a desire to have a definite plan that would take the government out of deficit over time."
For further details visit as: http://www.canada.com/Business+leaders+want+plan+deficit+says+Flaherty/1915905/story.html
ence centre in Chelsea, Que., to gather feedback as to what should drive government policy in the short and long term. In an interview, Flaherty said the most pressing issue he heard was the need to lay out a more detailed road map toward a budget surplus once the two-year stimulus plan has expired. It is an indication deficit reduction could emerge as a key policy theme for the Conservative government once Parliament returns in the fall. Speculation about election timing resumes in earnest. "What I have heard a lot about is the need to reduce government deficit and debt over time," Flaherty told the National Post. "There was an acceptance broadly of the need for stimulus spending . . . but there is definitely a desire to have a definite plan that would take the government out of deficit over time."For further details visit as: http://www.canada.com/Business+leaders+want+plan+deficit+says+Flaherty/1915905/story.html
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