Corporate business association supports Conservative budget

Tue, 16 May 2006 20:34:49 +0000

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.

The Dominion - Jackson MacIntosh

Corporate business association supports Conservative budget