Taxpayers pin hopes for change on new government.

The article focuses on the limited impact of the election of a new minority government on Canada's international tax policy and administration. Finance Minister Jim Flaherty is new to federal politics. Flaherty is responsible for fiscal policy, including all aspects of tax policy. His department is responsible for developing policy and preparing tax legislation. Administration and enforcement of tax laws lies with the Canada Revenue Agency. At the head of the international to-do-list is the completion of a protocol to the Canada-U.S. Income Tax Convention. This is the country's most important bilateral tax treaty, governing the relationship between Canada and the U.S.