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February 23, 2005
Budget 2005: No real surprises
The Federal Budget, tabled in the House of Commons this afternoon, was pretty much as advertised. Finance Minister Ralph Goodale is still delivering the non-stop list of platitudes that passes for a budget speech which could be summarized simply:
"Move along... Nothing new to see here."
One wonders why they even bother delivering a budget speech when they have already leaked all the good stuff.
The "highlights:"
- $1-billion for the "Clean Fund" to reduce greenhouse gas emissions.
- $4.7-billion over five years for the environment. Of that, $1-billion to cut greenhouse gas emissions and $200-million to increase use wind energy.
- $3.4-billion more in international assistance
- Increasing benefits for low-income seniors by $2.7 billion over five years.
- $5-billion of the gas tax to be transferred to municipalities over the next five years.
- $1-billion for national security.
- $398-million over five years for immigrant settlement.
- $60-million for a CBC bail out.
Further Reading:
Goodale presents election-style budget (CTV News)
Goodale delivers five-year plan (CBC News)
Budget Speech (PDF)
Budget in Brief (PDF)
Posted by maxthecat on February 23, 2005 at 04:10 PM | Comments (0)
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