MP Brown Applauds Budget 2012 - JOBS, GROWTH AND LONG-TERM PROSPERITY THE FOCUS OF ECONOMIC ACTION PLAN 2012
March 30, 2012
BARRIE – Conservative MP PATRICK BROWN is welcoming Economic Action Plan 2012’s focus on creating jobs, growth and long-term prosperity. Keeping taxes low and returning Canada to balanced budgets over the medium term is good news for Ontario.
“In Economic Action Plan 2012, our Conservative government is squarely focused on what matters to Canadians – jobs and economic growth,” said MP Brown “While Canada has created over 610,000 net new jobs since July 2009, the global economy remains fragile and too many Canadians are still looking for work. That’s why we’re moving forward with a positive plan to bolster the long-term economic growth of Ontario and all of Canada.” Economic Action Plan 2012 takes significant steps to:
The Government of Canada plans to gradually raise the age of eligibility for OAS by two years, beginning on April 1, 2023.
Economic Action Plan 2012 also demonstrates the Conservative government’s strong support for Ontario through record federal transfer support for hospitals, schools, and other critical services. Totaling $19.2 billion in 2012-13, the transfer support represents an increase of nearly $8.4 billion (or 77%) from the former Liberal government.
Budget 2012 also promotes environmental initiatives such as continuing the federal commitment to cleaning up Lake Simcoe.
"Lake Simcoe is an urban jewel that I have campaigned to protect in Ottawa. When we announced 30 million dollars in 2008 to clean up Lake Simcoe, it represented the first time any level of government put serious dollars behind reducing dangerously high phosphorus levels. The campaign has worked. Lake Simcoe is cleaner and Minister Flaherty appreciated this was a good investment. This is great news for Barrie", declared MP Brown.
Budget 2012 addresses innovation of small and medium sizes companies, such as Wolf Steel in Barrie, through the Industrial Research Assistance program.
“I am also happy to see Budget 2012 proposes an additional $110 million per year to double support for companies creating jobs through the industrial research assistance program. Page 62 of the budget document highlights our investment in Wolf Steel in Barrie and serves as an example of how this approach is working to create jobs”, added MP Brown.
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