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ARTICLE · 12 FEBRUARY 2014

Focus On Public Policy And Regulation: Federal Budget 2014

Federal Finance Minister Jim Flaherty tabled the Conservative government’s tenth full budget on February 11, 2014.

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Federal Finance Minister Jim Flaherty tabled the Conservative government's tenth full budget on February 11, 2014. Entitled The Road to Balance: Creating Jobs and Opportunities, the budget outlined the government's continued efforts to return to surplus in time for the next federal election while announcing several modest consumer friendly, infrastructure, and jobs training measures aimed at stimulating jobs and growth. Budget measures are meant to complement objectives set forth in the Economic Action Plan of 2009. In that respect, Budget 2014 represents the conclusion of a multi-year plan to balance federal books.

Modest announcements fit thematically within the framework of fostering a competitive business environment (i.e. no new business taxes), encouraging trade and innovation, and promoting competitive advantage in areas like the financial services sector, resource development, and mining forestry and agriculture (i.e. tax credits).

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