In the throne speech on March 3, 2010, the federal government expressed a commitment to lead the call for a globally coordinated approach to withdrawing stimulus in order to support a smooth economic recovery. John Hutson, Deloitte tax partner, comments on the phasing out of the government's two-year stimulus package by 2011. The end of the home renovation tax credit as of Feb. 1, 2010, is an example of the government adhering to this commitment. Visit http://thefutureoftax.ca for Deloitte's coverage of the 2010 federal budget.
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