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Text of Finance Minister Flaherty's budget speech

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Budget hits and misses

CP Video - Tuesday, January 27, 2009 at 5:06 EST

After a torrent of leaks there were still some surprises in the 2009 federal budget. Canadian Press reporters Rob Russo and Bruce Cheadle look at the hits and misses in the financial plan

THE CANADIAN PRESS

OTTAWA Jim Flaherty: It is Canada's plan to stimulate our economy, to protect Canadians during the global recession, and to invest in our long-term growth.

It is Canada's response to the challenge of our time.

The crisis we face

Since last fall, the global economic situation has deteriorated further, and faster, than anyone predicted.

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