Stockwell Day News
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Bank of Nova Scotia is still waiting to close its purchase of Bank of Guangzhou, seven months after Prime Minister Stephen Harper raised the issue with China’s Premier Wen Jiabao. The delay is weighing on Harper as he considers Cnooc Ltd.’s $15.1 billion bid for Nexen Inc.
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Stockwell Day, head of Canada’s treasury board, said the government is seeking to save C$1.7 billion ($1.68 billion) from reviews of government spending.
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Barrick Gold Corp. and Visa Canada Corp. are exploiting an exemption in ethics legislation to hire former Harper administration aides as lobbyists, triggering calls for increased regulation as Canadian lawmakers prepare to review the rules.
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Canadian Prime Minister Stephen Harper ’s government today issued directives to curb spending by public servants on hospitality, including alcohol.
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Canadian government departments are trying to deal with an outside cyberattack, and an investigation is concentrating on Chinese addresses, the Globe & Mail reported.
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Canadian Finance Minister Jim Flaherty said concerns about cyberattacks on government websites haven’t affected preparations for next month’s budget.
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Canada’s governing Conservatives will focus on sustaining the country’s recovery and bringing the government’s finances back to balance as lawmakers return for meetings this week, party officials said.
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Canadian Finance Minister Jim Flaherty said calls by European leaders for new taxes on banks are a distraction to efforts by the Group of 20 to shore up the global financial system.
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Canadian Prime Minister Stephen Harper ’s government is promoting planned corporate income tax cuts today with a country-wide campaign aimed at pressing opposition lawmakers to back his government’s 2011 budget.
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Canada’s government will take its campaign against new taxes on banks to India, China and the U.S. tomorrow, sending cabinet ministers around the globe to stoke opposition for the proposal.
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