Finance minister Jim Flaherty keeps close eye on long-term car financing

Finance Board Chair Endorses Bellitto, LeClerc Ahead of…

Finance officials also delivered a couple of preliminary conclusions, including athere has been a clear shift in auto financing,a and that vehicle loans with longer amortization periods have attracted customers who once leased vehicles and are looking for lower monthly payments. There is no indication from the documents what actions, if any, the government may take. Large parts of the briefing notes are blacked out, including a section titled anext steps.a The federal government has limited regulatory power over vehicle financing. Federally regulated financial institutions are not permitted to offer lease financing for vehicles under 21 tonnes, says Finance Canada.

Peter MacKay becomes justice minister, trading spots with Rob Nicholson, who moves to defense. Speaking to reporters, Harper said he will prorogue the legislature, an act that ends the current parliamentary session, in order to outline a new agenda for his government later this year. Our new agenda will have new faces to bring it forward, Harper said following the swearing-in ceremony. The shuffle brings generational change to his government, Harper said. Flaherty, who has been suffering from a rare skin disease, had said he wanted to remain as finance minister until the country eliminates its deficit, which he forecast will happen in the fiscal year beginning April 2015.

Flaherty Remains at Finance in Canada Cabinet Shuffle

Credit: Contributed photos. Loading… [Editor’s note: The following letter was submitted by Board of Finance Chairman Tom Flynn.] To the Editor On July 23, Republicans across Fairfield will have the opportunity to participate in a caucus to select the partys nominees for the towns Board of Finance elections held later this fall. It has been my great honor to serve as Chairman of the Board of Finance for the past several years. As I have said publicly many times, I am proud and humbled to be included with such a great group of people.I respect ALL of my colleagues on the board for their dedication, integrity, professionalism, intelligence and their determination to do what they believe is best for the town. Throughout my tenure as Chairman, I have been privileged to have both Mary LeClerc and Rob Bellitto serve as Vice Chairman with me. I could not have done my job without their hard work and counsel.

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