Jim Flaherty, Minister of Finance, tabled yesterday a comprehensive budget plan to stimulate economic growth, restore confidence and support Canadians and their families during a synchronized global recession.
Canada’s Economic Action Plan will provide almost $30 billion in support to the Canadian economy this year. In total, this is equivalent to 1.9 per cent of our total economy.
The plan will stimulate the economy through:
- Immediate Action to Build Infrastructure
 - Action to Reduce Taxes and Freeze EI Rates
 - Action to Stimulate Housing Construction
 - Action to Improve Access to Financing and Strengthen Canada’s Financial System
 - Action to Help Canadians
 - Action to Support Businesses and Communities
Source: Department of Finance Canada - see this link for full details - http://www.fin.gc.ca/n08/09-011-eng.asp 
Here's some additional links on the budget:
- The Home Renovation Tax Credit - http://www.budget.gc.ca/2009/pamphlet-depliant/pamphlet-depliant3-eng.html
 - The Budget In Brief - http://www.budget.gc.ca/2009/glance-apercu/brief-bref-eng.html
 - Canadian Budget Highlights - http://www.chrisd.ca/blog/5970/2009-canadian-federal-budget-highlights/
 - CBC article - Ignatieff's criticism - http://www.cbc.ca/canada/story/2009/01/27/budget-opposition.html
 - The 2009 Federal Budget and Canada's Charities & Nonprofits - http://www.newswire.ca/en/releases/archive/January2009/16/c8094.html
 - The entire document (if you have a bunch of free time on your hands and are so inclined) - http://www.scribd.com/doc/11454873/2009-Federal-Budget-Canada
 
No comments:
Post a Comment