Immigration: Business Community

Interest Rates Dept: The business-friendly spending plan drew praise for keeping taxes low, trimming the size of government, reforming immigration and extending support for small- and medium-sized businesses, according to The Chronicle Herald. It slowly reduces the deficit and keeps interest rates low . . . which maintains the value of the equity markets. There were no new tax increases or changes to previously promised tax rate reductions, which is good. Nova Scotia s business community responded with restrained enthusiasm to Thursday s federal budget. This is a budget that keeps the Canadian economy on the right track, said Philip Fraser, president and chief executive officer of Killam Properties Inc. (www.immigrantscanada.com). As reported in the news.