Wednesday, January 28, 2009

Federal Budget 2009 Details

Budget 2009: Canada’s Economic Action Plan - highlights

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:

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