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Flaherty considers additional tax reductions (CTV Winnipeg)
Finance Minister Jim Flaherty said Ottawa and Canada's banks will create a working group to loosen tight consumer credit, which has been the "number one concern" voiced during pre-budget consultations.
Read more...Auto failure could cost 582,000 jobs: report (CTV Toronto)
The fallout for Canada's economy if the Detroit Three automakers were to fail would be catastrophic, resulting in nearly 600,000 jobs lost, a new report claims.
Read more...Brison demands 'honest' fiscal numbers from Tories (CTV Toronto)
Liberal finance critic Scott Brison says his party can't weight in on a stimulus package until Finance Minister Jim Flaherty hands over fiscal numbers that "accurate and reliable."
Read more...Auto bailout should hinge on saving jobs: CAW (CTV Toronto)
CAW president Ken Lewenza praised the announcement of a potential $3.3-billion lifeline to the country's car industry, but warned that it should hinge on promises by manufacturers to save jobs.
Read more...Officials approve auto aid package worth about $3.3B (CTV Winnipeg)
The federal and Ontario governments will provide a lifeline worth about $3.3 billion to the Canadian auto sector, but the money won't flow until the U.S. approves its own bailout, Industry Minister Tony Clement said.
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