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Last Updated: Wednesday, May 28, 1:29 PM EDT

Family-friendly budget keeps Tories afloat

A smiling Finance Minister Jim Flaherty, right, is applauded by his Conservative colleagues as he presents his second budget in the Commons today.

Families with children and seniors targeted; possibility of spring election fades as Bloc backs plan over the objections of the Liberals and NDP.


Reaction: Budget bickering

With the exception of Quebec politicians, most groups find something to complain about


Fiscal imbalance: 'C'est fini,' Flaherty says

Saskatchewan, Newfoundland say changes to equalization formula are a betrayal

Jeffrey Simpson

Earlier discussions

Budget & election

Jeffrey Simpson took your questions

Globe personal finance columnist Rob Carrick

Earlier Discussion

Budget & you

Globe columnist Rob Carrick took questions

Personal impact

Ordinary Canadians: What it means

It was a budget aimed squarely at keeping a minority government afloat, with money for seniors and families. For perspective outside the politics, The Globe talked to people in six different parts of the country to get their take.

Children: Tax break up to $310 to be given for those under 18

Taxes: Cuts focus on 'hard-working families'

Move targets demographic sectors Conservatives hope will deliver votes in next election

Reaction: Coffee patrons size up budget, bit by penny-pinching bit

Pensions: Workers allowed to semi-retire and still contribute to pension


Fiscal imbalance

Quebec leaders claim credit for cash surge

All agree they'll take responsibility for billions in new transfers


Political impact

In Liberal suburbia, Tories still have some selling to do

Political motivations are apparent to voters


Health & education

Health: $300-million tagged for cervical-cancer fight

The decision is being hailed by health professionals and will hold much appeal for parents of teenage girls but it could alienate some elements of the socially right-wing base of the Conservative Party.

Education: Ottawa will delay windfall

Extra $800 million will flow to provinces only after Ottawa has had a chance to discuss how it will be used and what accountability measures need to be put in place.


Environment

Environment: New levy can add $4,000 to price of SUVs

Canadians are being enticed out of their H3 Hummers and into a Toyota Prius as part of surprise new 'green levy.'

Environment: Rebate seals the deal for some hybrid buyers

Budget promise tips the scales for some consumers


Business

Tax tweak puts a kink in foreign acquisitions

Ottawa will lose revenue, experts warn

Big Three auto makers will take a hit from budget incentives

Ottawa wants to encourage consumers to buy hybrid vehicles, and is imposing a new tax on gas guzzlers

And a new machine for every factory?

Spurred by budget's new tax write-offs, entrepreneur in Kelowna plans to upgrade his plant

It's no tax grab, Finance says

Surplus in budget twice as big as predicted

'A very stimulative budget'

Business voices on the Flaherty budget

Free trade in securities gets Bay Street backing

But financial executives wait on Ottawa, provinces to agree on national regulator

Corporate taxes: Breaks targeted only at key groups

Manufacturers, small business, farmers gets higher capital gains exemptions

Oil sands: Tax break to end -- in 2010

Impact softened as major projects that began construction before budget day will be grandfathered.

Taxes: Ottawa to exempt stock donations to private foundations

Move prompted by popularity of last year's removal of capital gains tax on stock donations to charity

Securities: Canada will pursue free trade in them with the U.S., rest of G7

Budget plan includes moving towards a principles-based common securities regulator, cracking down on white collar crime


Other budget news

Crime: More cash to retain 'safe, law-abiding society'

Drug dealers, sexual predators, human traffickers and white-collar criminals are singled out

Review planned for crime agency

Ottawa sees room to improve at IMET

Toronto: Mayor views budget as big setback

Missing are a national transit strategy and permanent funding, Miller says

Debt: $9.2-billion reduction to bring lower interest costs

Finance Minister says interest savings will be used to cut taxes in future years.

Federal spending: Fiscal conservatism takes a holiday

Total spending is set to rise by 5.6 per cent

Military: Funds allotted to give soldiers danger pay

New occupational-stress injury clinics to be funded for Forces members, veterans

Aboriginals: Leaders furious at 'new approach'

Budget's focus on home ownership, jobs leaves little to relieve poverty on reserves

Culture: Many 'goodies' for the sector

Cultural assistance delivered to a number of areas

Transit: Flaherty pledges $16-billion more

Duty-free: Limit doubled to $400

 

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