The price of the Rover F7 is the lowest in this price range we have reviewed to date – even at £5,000. The premium of £25,000-£30,000 on this model would have been the norm had this product not been available from a premium manufacturer in this price range – which is where the high price margin for the original owner comes from.
Even discounting this, Rover is a very nice car company, especially on the consumer market. It has made a strong impression across our entire price-range, with a strong brand reputation and excellent customer service. We look forward to reviewing both the F8 and the F9 further down the line – there’s always the chance of something even better to come out from these cars as we get a better feel for their functionality and build quality.
The federal budget is going through the wringer in Ottawa:
Prime Minister Stephen Harper is seeking his government’s approval when it comes to raising the federal debt ceiling, which is currently $14-billion. Mr. Harper is scheduled to speak to the Canadian media at 3:30 p.m. ET Friday.
And the House of Commons is debating a motion to extend Canada’s participation in the U.S.-led military mission in Afghanistan indefinitely.
(And on a related note, I thought this was a funny video of Mr. Harper speaking at a news conference on the federal budget, from about three years ago…)
But a key message of the budget is that spending is rising, and that’s likely to result in a budget surplus later this year.
Of course, as the fiscal analyst Richard McCarty has pointed out, the $14-billion borrowing limit does not change at all when the government comes into power. But, it goes back on Jan. 1, 2008, with annual increases of 1.4 per cent.
For the fiscal year that ended March 31, 2009, the deficit was just $10.5-billion. It was $23.8-billion when it came to that Sept. 2, 2009 budget meeting, after the initial debt levy.
Now for the year that ended March 31, 2010: the deficit was $31.2-billion, and the current shortfall, $23.4-billion, is what the government has been using to push the deficit into the red.
The Conservatives, as opposed to the opposition NDP, are in the minority that is able to do that.
The City of
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