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G&M: Budget Won't Include New Spending Or Tax Measures

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Tags: 2010 Budget, Budget, Canada, Conservatives, Government

The Conservative government will unveil a budget without a single new tax or spending measure for 2010, and will instead shift the focus to the longer-term plan to cut the deficit starting next year.

The stand-pat budget means that the popular Home Renovation Tax Credit, which allowed homeowners to claim up to $1,000 on their income tax but expired Feb. 1, won't be extended. The fiscal plans for 2010 outlined in last year's recession budget, including $19-billion in stimulus spending, will go ahead. 

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