Eye on the home budget woes hit Manitoba taxes in April
Manitoba faces a tough April as the 2002-03 budget is due on April 22 and $760 million in overpayments from Ottawa cloud the books. Finance Minister Greg Selinger negotiates with Ottawa while relying on a $330 million Rainy Day Fund and a projected $125 million draw to balance the year. Opposition critic Jim Penner accuses the NDP of mismanagement, highlighting his Penner Foods career and calling for responsible finances.
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Paul Martin
Ottawa
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Manitoba Federation of Labour
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Toronto housing bubble expands across Canada says Turner
Garth Turner reports a surge in home sales and rising prices across major centers including Toronto Calgary and Edmonton with record monthly sales 500 homes in one day and twenty thousand condos under construction Mortgage rates at near 3 range make a 67000 overbid seem plausible while inflation and employment trends suggest the bubble may persist into 2003 Investors may profit from real estate over the next decade with mortgage terms as favorable as today and consumer confidence high.
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Toronto
Calgary
Edmonton
Lethbridge
Kitchener
Canada
Garth Turner
Global
Internet
Garth
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