Sentences with phrase «federal finance minister»

Now, thanks to tough new mortgage lending and insurance rules announced by federal Finance Minister Bill Morneau in October, some analysts predict that so - called «shadow banking» firms, which operate largely outside the purview of regulators, will see a surge of fresh business from frustrated homebuyers who can't get conventional loans.
She expects another meeting on the issue later this summer but without Ontario's support it will be an uphill battle for federal Finance Minister Jim Flaherty to get PRPPs off the ground.
Sources say Saskatchewan and New Brunswick will sign on to the Cooperative Capital Markets Regulator Wednesday in a ceremony in Ottawa with federal Finance Minister Joe Oliver, embracing a plan backed by Ontario and British Columbia last September.
I am writing as one of your constituents to express my concern about the tax proposals put forth by federal Finance Minister Bill Morneau.
A spokesman for federal Finance Minister Bill Morneau says Ottawa is concerned about diminishing affordability in the housing market, calling the matter a complex issue with lots to talk about.
Ontario Finance Minister Charles Sousa, left, with federal Finance Minister Bill Morneau in Vancouver, June 20, 2016.
Last week federal finance minister Jim Flaherty surprised real estate market stakeholders by announcing a fourth round of changes to the rules that are used to qualify borrowers who have less than 20 per cent equity in their property (commonly referred to as high - ratio borrowers).
But while federal Finance Minister Jim Flaherty has expressed openness to discussing pension changes when he meets with his colleagues the following month, officials in Ms. Wynne's government seem pessimistic about Ottawa's willingness to significantly increase the amount paid into the program.
That question has been the subject of a fiery debate across Canada ever since federal Finance Minister Bill Morneau proposed changes to small business tax rules.
It seems equally appropriate to describe Jim Flaherty, whose unexpected death today came less than a month after he resigned as federal Finance Minister.
Elliott, 59, the widow of former federal finance minister Jim Flaherty, is widely liked and respected within the PC party and by her political opponents.
Normand also revealed that he would meet with federal Finance Minister Paul Martin and Brzustowski early in November to discuss the budget crisis and a multiyear strategy for funding.
After years of encouragement from federal Finance Minister Jim Flaherty, Ontario and B.C. are following the lead of the Atlantic provinces and harmonizing their provincial sales taxes with the federal GST, starting in July 2010.
The other day federal Finance Minister Joe Oliver waded into the fray of the Ontario election to offer a warning to the province's next premier — You know, whoever that might be, totally not taking sides.
A joint federal - provincial report on pension reform will be released in December, when federal Finance Minister Jim Flaherty meets with his provincial counterparts in Whitehorse.
The wisdom of Winston Churchill, who once quipped that you should never let a good crisis go to waste, clearly hasn't been lost on federal Finance minister Joe Oliver, who's already made considerable hay out of falling oil prices.
So, yesterday Federal Finance Minister Bill Morneau's Advisory Council on Economic Growth released five -LRB-!)
Following recent dismal reports on rising unemployment, stagnant GDP growth, and a deteriorating economic outlook, we can only hope federal Finance minister Jim Flaherty will provide some Christmas cheer with changes â $ œto better promote job creation and economic growthâ $ (as heâ $ ™ s  asked for advice on through his pre-budget consultations).
Morneau's latest move is one of several he's made in recent days to counter opposition allegations that he profited from decisions he's taken since becoming federal finance minister two years ago.
However, his efforts to get Federal Finance Minister Bill Morneau to include capital gains changes in the federal budget were unsuccessful — and Morneau signalled Tuesday no such changes are coming.
Hence federal Finance Minister Jim Flaherty's recent proposal to reform the CPP with that goal in mind.
Earlier today, the Canadian federal Finance Minister Jim Flaherty announced new mortgage qualification rules for Canada.
Even so, house prices have continued to climb since then, causing federal finance minister Jim Flaherty to keep a close eye on market changes.
The study is released a few days before federal Finance Minister Bill Morneau is scheduled to meet his provincial and territorial counterparts to continue quickly evolving discussions on how to boost the Canada Pension Plan.
Queen's Park wants Ottawa to help cool home prices in overheated real estate markets such as Toronto.Ontario Finance Minister Charles Sousa is urging federal Finance Minister Bill Morneau to take steps in his budget Wednesday to curb speculation contributing to the soaring cost of homes.
OTTAWA, CANADA — Last week federal Finance Minister Paul Martin announced a $ 268 million outlay for future equipment awards provided by the Canada Foundation for Innovation (CFI), a $ 1.3 billion entity created in 1997 to rejuvenate labs in universities and research hospitals.
While Federal Finance Minister Bill Morneau has stated that the feds are in a holding pattern right now, when it comes to the country's real estate markets, don't be surprised if additional changes are announced in the near future.
Applying for a new mortgage won't be so easy after today's announcement by Federal Finance Minister Bill Morneau.
A spokesman for federal Finance Minister Bill Morneau said that «at this point, we have no reason to believe Canadian banks have acted unlawfully.»
As federal Finance Minister, he only had a few hours advance warning before the provincial government announced the surprise move in late July.
Former federal finance minister Jim Flaherty said income splitting for families would be of no benefit to most Canadians.
C.D. Howe has called for the Harper government to run a small deficit to create jobs, but federal Finance Minister Joe Oliver appears set on balancing the books.
That question has been the subject of a fiery debate across Canada ever since federal Finance Minister Bill Morneau proposed changes to small business tax rules.
«It's an historic day that we've spent together,» said federal Finance Minister Bill Morneau, after a day of negotiations with his provincial and territorial counterparts.
With three new mortgage rules coming into force on April 19, as announced on February 16 by federal Finance Minister Jim Flaherty, it's important to know how this will affect your clients in their bids to obtain mortgages moving forward.
Federal Finance Minister Bill Morneau and his advisory council chair, Dominic Barton, at a press conference in October 2016.
Paul Martin, when he was federal finance minister, did an exceptional job of killing the vicious cycle during the 1990s.
Federal Finance Minister Bill Morneau and his Economic Advisory Council chair, Dominic Barton, at a press conference in October 2016.
The federal finance minister publicly warned them to avoid imitating aggressive practices that led to the U.S. mortgage crisis, and thanked BMO's competitors for not lowering their own rates in response.
Federal Finance Minister Bill Morneau, left, with Bank of Canada Governor Stephen Poloz, at a summit of Canadian finance ministers in 2015.
Federal Finance Minister Jim Flaherty first commissioned his own study, authored by University of Calgary tax - policy expert Jack Mintz, then in March initiated a public consultation process, by which time talk of a government - run supplemental pension plan, whether regional or national, began to fade.
TORONTO — The Liberal government will not «act in an impulsive way» in response to U.S. corporate tax cuts that economists say pose a threat to Canada's competitiveness, the federal finance minister said after a pre-budget meeting Friday.
Federal Finance Minister Bill Morneau speaks with the press after a meeting with Ontario Finance Minister Charles Sousa and Toronto Mayor John Tory in April 2017.
Federal Finance Minister Jim Flaherty could be forgiven for failing to grasp the finer points of bovine psychology.
Later this month, Federal Finance Minister Jim Flaherty will meet with his provincial and territorial counterparts for the country's finance ministers summit.
This month, Canada's federal Finance Minister Bill Morneau requested a meeting with his Ontario counterpart, Charles Sousa, and Toronto Mayor John Tory to discuss the «dramatic house price increases.»
As Canadian Business went to press, it was widely expected that federal Finance Minister Jim Flaherty's March 29 budget would include an announcement that the cutoff for Old Age Security (OAS) will be raised, which could compel millions of Canadians to delay their golden years.
Federal Finance Minister Jim Flaherty needs the consent of seven provinces representing two - thirds of the population to push either the CPP or the private - sector option through, and he has not tipped his own hand as to the federal government's preference.
In 2005 - 2006, he headed an Ontario government panel of corporate leaders that recommended that Canada adopt a single, national securities regulator — an idea that was later supported by the late Jim Flaherty while he was federal finance minister.
Since the global credit meltdown of 2008, federal Finance Minister Jim Flaherty has attempted to bolster the housing market by toughening mortgage requirements.
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