Budget 2014

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Feb. 11, 2014

COLLINGWOOD – Member of Parliament Dr. Kellie Leitch is welcoming the federal budget, Economic Action Plan 2014, and its focus on job creation, economic growth, and keeping taxes low – along with its plan to get back to balance by 2015 – as a positive plan for the people of Simcoe-Grey.

“While Canada has the strongest job creation record among all G-7 countries, with more than 1 million net new jobs created since the depth of the global recession, too many Canadians are still looking for work,” said Dr. Leitch. “That’s why Economic Action Plan 2014 will continue our Conservative Government’s focus on creating jobs and growing the economy in Simcoe-Grey and across the country.”

While the NDP and Liberals had been publicly calling for the federal budget to include new tax hikes on Canadians and more deficit spending, our Government rejected both demands. Indeed, Economic Action Plan 2014 contained no new taxes on families and businesses, while continuing to ensure government spending was efficient and effective as possible. “As we have seen in places like Greece and Detroit, not having one’s fiscal house in order can lead to incredible economic instability, dramatic cuts to government programs and higher taxes,” said Dr. Leitch.

Economic Action Plan 2014 includes key measures to support Ontario families and strengthen our economy, while keeping taxes low and returning to a balanced budget in 2015, including:

· Launching the Canada Job Grant: so that Canadians can get the skills training they need to get in-demand jobs.

· Creating the Canada Apprentice Loan: which will provide apprentices in Red Seal trades access to over $100 million in interest-free loans each year.

· Launching a Job Matching Service: this new service will automatically match Canadians looking for work with employers looking to hire them.

· Increasing Paid Internships for Young Canadians: investing $55 million to create paid internships for recent graduates in small and medium-sized businesses and in high-demand fields.

· Helping Older Workers Get Back to Work: investing $75 million in the Targeted

· Initiative for Older Workers to support older workers who want to participate in the job market.

· Cutting Red Tape for Small Business: cutting 800,000 payroll remittances for 50,000 small businesses.

· Making Landmark Investments in Research & Innovation: $1.5 billion over the next decade for research at universities through the Canada First Research Excellence Fund.

· Conserving Canada’s Natural Heritage: investing in Canada’s national parks and historic canals, conserving recreational fisheries, expanding tax relief for the environmental conservation of lands, encouraging clean energy generation with tax relief to new green technologies, and more.

· Supporting Families: enhancing tax relief for families adopting a child, expanding tax relief for health-related services, capping wholesale wireless rates to make service more affordable, cracking down on cross-border price discrimination, and more.

· Strengthening Communities: improving broadband in rural and remote communities, establishing a $200 million National Disaster Mitigation Program to help communities prepare for natural disasters, introducing a Search and Rescue Volunteers Tax Credit, and more.

· Standing Up for Victims of Crime: implementing the Victim’s Bill of Rights and proving funding for a DNA-based Missing Persons Index.

“Economic Action Plan 2014 sticks to the principles that our Government introduced in its very first budget in 2006. As Minister Flaherty has stated, financial prudence now will lead to financial prosperity in the future,” said Dr. Leitch.

To download Economic Action Plan 2014 click here. For more information please visit http://actionplan.gc.ca/en/blog/economic-action-plan-2014.

 

Office of the Honourable Dr. Kellie Leitch, P.C., O. Ont, MP

Member of Parliament for Simcoe-Grey

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