Cuts in Federal Budget Less Drastic Than Feared
Canada's Finance Minister has introduced a 2012 budget that includes fewer cuts than initially feared.
Instead of the predicted $8 billion, Jim Flaherty has announced $5.2 billion in cuts by 2015.
A promise has also been made to build and renovate on reserve schools and renew the Urban Aboriginal Strategy.
As of June 1st, travellers returning to Canada after being away for 24 hours can bring back $200 worth of duty and tax free goods.
Cariboo-Prince George MP Dick Harris is proud of the budget, and says there is a very important piece of it that affects Prince George and area.
"Unfortunately major economic projects, particularily natural resources, have been subject to long and unpredictable, potentially what's seemingly endless delays. So we're going to be putting fixed timelines for these reviews, and it's going to really speed up the process."
Harris says he's happy to see significantly fewer cuts than initially anticipated.
Click here for full budget details: http://www.budget.gc.ca/2012/home-accueil-eng.html
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