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Corporate business association supports Conservative budget

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Issue: 37 Section: Canadian News Geography: Canada

May 16, 2006

Corporate business association supports Conservative budget

by Jackson MacIntosh

The federal budget, unveiled on May 2 by Finance Minister Jim Flaherty, has received the enthusiastic support of the Canadian Council of Chief Executives. The group, whose members lead companies administering nearly C$3.0 trillion in assets, according to their website, praised the Conservative government's sweeping tax cuts. CCCE Chief Executive and President Thomas D'Aquino said, "tax policy is the most powerful tool that governments have to encourage investment and job creation in Canadian communities, and this budget delivers more than two dollars in tax cuts for every dollar of new spending."

The federal budget has received criticism for its cuts to childcare programs, environmental programs, particularly concerning the Kyoto Accord, and its lack of funding for Native groups.

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The Dominion is a monthly paper published by an incipient network of independent journalists in Canada. It aims to provide accurate, critical coverage that is accountable to its readers and the subjects it tackles. Taking its name from Canada's official status as both a colony and a colonial force, the Dominion examines politics, culture and daily life with a view to understanding the exercise of power.

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