Conservative Government's Budget Expected Tomorrow

OTTAWA (CP) - Awash in billions of surplus dollars, Finance Minister Jim Flaherty is likely to cut both income taxes and the GST - as well as boost spending on farmers, students, the military and police - in his first federal budget Tuesday. He's also expected to take an axe to some environmental programs and cultural funding as the Conservatives begin to fulfil their campaign promises to slash $22 billion from government spending over five years.

CANOE -- CNEWS - Canada: Tax cuts, spending on farmers and business, all part of federal Tory budget

The budget is set to be unveiled at 4 p.m. EDT (2000 GMT) on Tuesday.

Conservatives brace for first test - Yahoo! Canada News via Reuters