Manley feels 'sympathy' for finance minister's deficit woes
Former Liberal finance minister John Manley says he feels ``sympathy'' for the current finance minister's deficit woes but that it's time for a ``serious'' conversation about Canada's fiscal future, including the possibility of tax hikes.
Business secretary Peter Mandelson has hinted at possible tax cuts and continued borrowing, to be announced by the chancellor Alistair Darling in the pre-budget report.