Industry

Promises, promises: Flaherty sticks to campaign script

With the budget coming so close on the heels of the election that landed Stephen Harper’s Conservatives in power, the government had little choice but to address their promises so recently made. But seemingly in recognition of the minority status of this government, much of the immediate tax relief is focused on the consumer. In […]

By Steven Lamb |May 2, 2006

5 min read

Budget in a plain blue suit

There are no grand gestures in Finance Minister Jim Flaherty’s inaugural budget. It’s more slender than previous Liberal budgets and, like the Tory party, comes cloaked in blue. But the headline number of $20 billion in tax cuts is meant more for consumers, students and families, rather than investors. And, gone are the extensive last-minute […]

By Scot Blythe |May 2, 2006

4 min read

Briefly:

(May 5, 2006) The Bank of Canada’s deputy governor says Canada’s regulatory regime must be guided by principles that are at least as good as, if not better, than other countries. But David Longworth says that doesn’t mean Canada should “blindly import any and all flavours of the month in terms of innovations, not even […]

By Staff |May 1, 2006

16 min read

CIBC World Markets raises TSX target to 15,000

The forecasting team at CIBC World Markets has once again raised its predicted high-water mark on the S&P/TSX Composite Index and boosted its recommended equity weighting. Led by chief strategist Jeff Rubin, CIBC is now predicting the index will hit 15,000 by the end of 2007, fuelled by continued strength in the energy sub-index. Total […]

By Steven Lamb |May 1, 2006

2 min read