Archived - Invitation by the Honourable James M. Flaherty, P.C., M.P., Minister of Finance, to Pre-Budget Web Consultations

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As Minister of Finance, I welcome advice from Canadians on priorities for the annual federal budget. In order to provide strong leadership, it is important to listen.

Last year, nearly 8,000 Canadians participated in the online consultation process. People provided a wide range of responses on everything from debt reduction to restoring fiscal balance. Once again, I invite you to share your thoughts and ideas as we prepare Budget 2008.

This year, we are taking a different approach to pre-budget consultations. Although our economic fundamentals are solid, we need to focus on the various risks and challenges that confront us. These include the impact of an economic slowdown in the U.S. and ongoing turmoil in financial markets, the continuing need to adjust to a higher Canadian dollar and increasing global competition, as well as the aging of the Canadian population.

We believe this approach will allow us to prepare a budget that better reflects the priorities of all Canadians.

Thank you.