Manitoba budget promises six per cent tax cut in 2003 04
Finance Minister Greg Selinger budgets for a 6 percent tax cut targeting earners 30 000 to 65 000 while warning of rising living costs. The plan allocates 350 million more in spending and relies on the Fiscal Stabilization Fund and Manitoba Hydro reserves, drawing criticism from the opposition as risky and pre election rhetoric.
MENTIONED IN THIS ARTICLE
Manitoba
NDP
Greg Selinger
Selinger
Pacr
Stuart Murray
Winnipeg
Assiniboine
Manitoba Hydro
Fiscal Stabilization Fund
Mr. Selinger
Finance Department
Hydro
Editorial Dilemma Arises From Bank of Canada Rate Hike
The Bank of Canada raised rates by a quarter point prompting mortgage renewals to face a long or short borrowing choice. Inflation tops 4 percent while growth and job creation accelerate with over 500,000 more people employed, 200,000 homes built, and record car sales.
MENTIONED IN THIS ARTICLE
Bank of Canada
David Dodge
Ottawa
Mortgage Roulette Returns Threaten Homeowners
The piece argues higher rates may hurt housing and economic growth, warning of possible 1 percent rate jumps by year end and another half point in 2004. It notes mortgage costs, lender discounts, and no-haggle fixed terms as consumers weigh locking in now versus waiting for potentially cheaper rates in the future.
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Air Canada
U.S
Iraq
Dodge
Dodge-watchers
Rigner
Hell
Alain Leat
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