Canadian budget
Sterling Lifted by Bank of England Inflation Report
May 11, 2011
The pound gained 0.7% against the dollar and 0.9% versus the euro. The catalyst for the advance was a quarterly central bank report that sees a likelihood of on-year British inflation topping 5.0% later in 2011. Inflation will probably stay above its 2.0% target until the first quarter of 2013, and the report implies a […] More
Conservative Canadian Federal Budget from Conservative Minority Government
March 22, 2011
Prime Minister Harper’s government presented a budget today that Offers CAD 7.6 billion over six years in new spending to appease political opposition but Embodies CAD 6.2 billion in savings over five years, escalating from CAD 195 million in 2011/12 to CAD 796 million in FY12/13 and CAD 1.569 in FY13/14 Thereby reducing the projected […] More
