Canadian Stimulus.
The Honourable Jim Flaherty, Minister of Finance, today tabled a comprehensive budget plan to stimulate economic growth, restore confidence and support Canadians and their families during a synchronized global recession. "Budget 2009 is Canada’s economic action plan," said Minister Flaherty. "It builds on our position of strength. It provides temporary and effective economic stimulus to help Canadian families and businesses deal with short-term challenges. Our investments will build Canada’s long-term capacity, so that when the global recession eases, we emerge even stronger." 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 Expanding and accelerating the recent historic federal investment in infrastructure with almost $12 billion in new infr