U.S. President Barack Obama delivered his first speech on the economy since his re-election. He insisted that raising taxes on the wealthiest Americans must be part of a balanced deficit reduction plan.
Norm Kelly won’t endorse any mayoral candidates
Deputy Mayor Norm Kelly spoke to reporters on Friday, saying he will not endorse anyone in the Toronto mayoral race right now. ‘I think all the major contenders are in place. I think it’s going to be a fascinating race, but it’s a marathon, not a sprint, unlike the parliamentary races. In a marathon, anything can happen.’ He said he will not be endorsing anyone right now because he has to focus on city business.