Ottawa seniors to pay more for economic recovery plan
Health Minister Monique Begin announced that about 1.1 million pensioners will contribute $55 each to the federal economic recovery program next year. The budget speech on Monday set a limit of six per cent?
MENTIONED IN THIS ARTICLE
Steve Kerstetter
Ottawa
Monique Begin
Begin
Weldon
Pierre Fortier
Laval University
Quebec City
Yves Rabeau
University of Montreal
Canada Development Corp
Jack Austin
Anthony Hampson
Winnipeg residents flood CMHC over 3000 grant for home buyers
Winnipeg residents flooded the Canadian Mortgage and Housing Corp with calls after the budget announced a $3000 grant for home buyers. Details remain sketchy as CMHC staff collect names and promises applications in coming weeks. The grant targets new buyers with 10 percent down or those renewing mortgages at current rates if payments exceed 30 percent of gross income.
MENTIONED IN THIS ARTICLE
Winnipeg
Canadian Mortgage and Housing Corp
Kathy Mancer
Crown Corporation
Finance
Allan MacEachen
Economists place grim outlook on budget plan
Leading economists condemn Finance Minister Allan MacEachen's budget predicting little to curb inflation or spur growth. They note capital markets tumble with a 40 point drop on the Toronto exchange and a weaker Canadian dollar as deficits loom and wage limits draw skepticism.
MENTIONED IN THIS ARTICLE
Allan MacEachen
Toronto
Leo de_ Bever
Chase Econometrics Canada
Ottawa
Rabeau
Michael Walker
Fraser Institute
Toronto Exchange
Montreal
U.S
MPs Mixed on Salary Cuts Amid Budget Debate
Ottawa reports MPs cautiously accept a six percent cut to their cost of living rise as part of a wage restraint, while critics accuse the move of cosmetic value. Ed Broadbent and Pat Carney weigh in on fairness to seniors and MPs who argue against exemptions.
MENTIONED IN THIS ARTICLE
Alison Hare
Ottawa
New Democrat
Ed Broadbent
Pat Carney
Progressive Conservative
John Crosbie
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