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Breaking down the 2014 federal budget
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The “very boring” 2014 federal budget tabled Tuesday by Finance Minister Jim Flaherty is a set up for the 2015 election year, didn’t offer new personal or corporate tax rate changes, and included little for national infrastructure and transportation, a financial analyst told a post-budget breakfast hosted by a number of area Rotary clubs yesterday. The $279.2-billion budget contains no major tax breaks and is expected to be balanced next year, Fred Cassano, senior manager of tax service with PricewaterhouseCoopers LLP, told the crowd at Bayview Golf and Country Club on Steeles Avenue, west of Leslie Street. The price on tobacco is going up $4 a carton, a new tax credit is in place for search and rescue volunteers who perform at least 200 hours of service a year, and the adoption expense tax credit has been upped to $15,000 from >>>no, page 8
Staff photo/Nick Perry
Happy valentine’s Day! Melissa Conforme makes a Valentine’s Day craft at Yorkgate Mall Saturday afternoon. Valentine’s Day is tomorrow, when temperatures are expected to warm up to a relatively balmy – 1 C. More photos on page 2.
Man charged in 2012 North York murder Toronto police have made an arrest in connection with a 2012 murder. At about 12:05 a.m. Oct. 11, 2012, officers responded to a call for unknown trouble
at 25 San Romano Way in the Jane and Finch neighbourhood. When they arrived at an apartment, they discovered the victim with obvious
signs of trauma to his body. Henry Pratt, 24, was pronounced dead at the scene. Marwan Awdi, 26, of Toronto, was arrested Tuesday and charged with
first-degree murder. Anyone with information can call police at 4126-808-7400 or contact Crime Stoppers anonymously at 416-222-8477 (TIPS) or https://222tips.com
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