Income Splitting: Finance Minister Jim Flaherty

Finance Minister Jim Flaherty: Finance Minister Jim Flaherty created a stir this week when he raised doubts about the promise to allow income splitting for couples with children under 18. Prime Minister Stephen Harper, it seems, shares his reservations, according to Huffington Post. Flaherty was noncommittal when asked specifically about the other promises at an event Friday in North Vancouver, B.C and The Conservative government is refusing to talk about three other campaign promises from 2011 that were contingent on a balanced budget, saying it's too early to talk about what they might do with a surplus. But Flaherty and the Prime Minister's Office also won't say what will happen to three other promises that hinged on getting back to black doubling the contribution limits on tax-free savings accounts from $5,000 to $10,000, doubling the child fitness tax credit and introducing a tax credit for adult fitness activities. (www.immigrantscanada.com). As reported in the news.