This is a major change that was resisted by financial institutionsNew credit card rules announced in Canada May 21, 2009
This can be an academic discussion around this table, or in the House of Commons but it's not an academic discussion for people who are not being paid by the government, or people who are losing their jobs or have lost their jobs, and their familiesCanadian senate told to fast-track budget Mar 10, 2009
It is important to underline that Canada's banks and other financial institutions are sound, well-capitalized and less leveraged than their international peersCanada pumps $25B into mortgages Oct 10, 2008
This is going to make loans and mortgages more available and more affordable for ordinary Canadians and businessesCanada pumps $25B into mortgages Oct 10, 2008
This will give businesses in Canada a substantial tax advantage over businesses in the United StatesCanada to cut corporate income tax Oct 30, 2007
James Michael "Jim" Flaherty, PC, MP (born December 30, 1949) is Canada's Minister of Finance and he has also served as Ontario's Minister of Finance. From 1995 until 2005, he was the Member of Provincial Parliament for Whitby—Ajax, and a member of the Progressive Conservative Party caucus. He was a cabinet minister in the government of Mike Harris, and unsuccessfully sought the leadership of the Ontario Progressive Conservatives on two occasions.
Flaherty won the riding of Whitby—Oshawa in the federal election held January 23, 2006 as a member of the Conservative Party of Canada narrowly beating Liberal incumbent Judi Longfield. He was re-elected in 2008. Flaherty's wife Christine Elliott represents Whitby—Oshawa in the Ontario Legislature.
Flaherty was born in Lachine, Quebec. He attended Bishop Whelan High School and Loyola High School, Montreal. Flaherty has a Bachelor of Arts degree from Princeton University, as well as a Bachelor of Laws degree from Osgoode Hall Law School of York University. He practised law before entering political life, and was a founding partner of Flaherty Dow Elliott, a firm specializing in motor vehicle accident and personal injury litigation.