Finance Minister Jim Flaherty released the 2014 budget on February 11th and mainly focused on balancing budgets, job creation and growth. He is projecting a decline to the deficit of $2.9 billion for 2014/2015 and a surplus of $6.4 billion for 2015/2016.
While there are no major changes/benefits to the taxpayer, there is still focus on closing tax loopholes.
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We would be happy to discuss how the proposed budget affects your business.