Finance- May 15, 2012

Finance (May 15, 2012)

Finance Minister Jim Flaherty responded to questions on Bill C-38, the budget implementation legislation. The 425-page omnibus bill includes an overhaul of environmental regulations, changes to the Employment Insurance program, and raising the age of eligibility for Old Age Security. Senior officials from Canada Revenue Agency and the Department of Finance also appeared.

UPDATE: Bill C-38 received royal assent on June 29.