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A Tale of Two Budgets

There’s a common adage in politics, regardless of the government in power: tackle the tough stuff early on in a mandate. This is done in the hope that fortunes will improve over the mandate, and that voters ultimately won’t hold you too accountable for the tough decisions taken up front.

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2012 Federal Budget Highlights

Today on Parliament Hill, Canada’s Finance Minister Jim Flaherty, presented the country with the Harper government’s 2012 federal budget. As always, Fleishman-Hillard was there to report back on the key elements including:

  • Cuts to government departments of $5.2 billion
  • Moving the age of eligibility for Old Age Security to 67 from 65
  • $1 billion to support science and technology
  • Elimination of the penny from circulation
  • Eliminate the National Roundtable on the Environment

Brian Klunder, vice president, provides a full overview and analysis of this year’s federal budget here: 2012 Federal Budget Analysis

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2012 Ontario Budget Highlights

Yesterday, Ontario Finance Minister Dwight Duncan, delivered a belt-tightening provincial budget at Queens Park in Toronto. Our staff from Fleishman-Hillard were there to deliver all of the highlights including:

  • Program spending to be reduced by a cumulative $17.7 billion over the next three years.
  • Four dollars of savings and cost-containment measures for every dollar in new revenues.
  • Deficit to be reduced to $10.7 billion in 2014/2015 and eliminated by 2017/2018.

Anne Marie Quinn, senior vice president and partner, provides a full overview and analysis of this year’s budget here: Fleishman Hillard 2012 Budget Analysis

 

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Facebook’s ‘Interesting’ Interest Lists

The social media platform wars rage on, as engineers and developers break out the thesaurus – launching similar versions of the same features, with slightly tweaked titles.

This month, it’s Facebook’s announcement of Interest Lists. Interest Lists allow users to make mini-news feeds that include posts and content on a particular topic or subject.  A great way to organize all those pages you’ve ‘liked’ or people you’ve ‘subscribed’ to.

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Wanted: A new cultural paradigm.

This week’s resignation letter “heard round the world” sparked satire (good one, Borowitz Report) and soul searching for investment bank Goldman Sachs, their employees and their managing directors – guys who apparently refer to their clients as “Muppets.”

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Facebook’s New Brand Pages. Or, Why Good Content Is What’ll Keep Fans Coming Back.

After weeks of speculation, Facebook today confirmed that timeline has now arrived for Facebook brand pages. Huzzah!

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Social Media Meets Montreal Fashion Week

Designers and fashion enthusiasts in Montreal recently experienced one of the busiest times of the year. The city celebrated its 22nd edition of Fashion Week, in collaboration with P&G Beauty & Grooming, during February 6th to 9th, 2012 (http://montrealfashionweek.ca/index.php?lang=en).

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David Scott to Lead Fleishman-Hillard’s Canadian Financial and Investor Communications Practice

TORONTO, Feb. 21, 2011 — Fleishman-Hillard in Canada today announced the appointment of award-winning communications professional David Scott as senior vice president and partner. He also will serve as the national lead for the agency’s Financial and Investor Communications team.

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#TellVicEverything Tweets Protest Bill C-30

Last week, Canada experienced a social media uproar like no other sparked by a controversial online surveillance bill tabled in the House of Commons, known as C-30, which would give police and intelligence agencies the power to access Canadians’ online and phone communications without warrant.

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Overview: Drummond Commission Report

This week, former TD Bank chief economist, Don Drummond released his much anticipated report that charted a map outlining how Ontario can eliminate the $16 billion deficit with 372 key recommendations. Our staff at Fleishman-Hillard Canada put together a brief analysis of the 600 page report that can be viewed here: The Drummond Report.

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