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ARTICLE · 03 MARCH 2008

Flaherty Foregoes New Shoes To Deliver Budget Message

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On February 26, 2008, Minister of Finance, Jim Flaherty presented the third budget of the current Conservative government.

CanadaTax
BLG'S National Tax Group
BLG'S National Tax Group
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"meeting the challenges of global economic uncertainty with a plan that is real."
Jim Flaherty, Budget Speech 2008

On February 26, 2008, Minister of Finance, Jim Flaherty presented the third budget of the current Conservative government. The Minister's Budget Speech was titled "Responsible Leadership" and stressed a number of themes, including: maintaining strong fiscal management, strengthening Canada's tax advantage, investing in the future, supporting communities and providing leadership at home and abroad.

As with previous budgets, the 2008 Budget is clearly focused on the middle-class. There was no "poison pill" designed to trigger an election. The Liberals immediately announced that they will allow the 2008 Budget to pass and will not cause the government to fall.

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