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  Focused on Economic Recovery

Innisfil Scope
April 5
, 2010

by Peter Van Loan, MP, York-Simcoe


Canada's Conservative Government has made the economy its top priority. With the global economic downturn that took hold almost two years ago, that became even more important. Now, with signs of economic recovery emerging, it is clear that Canada's Economic Action Plan is working.

Here in York-Simcoe, we see evidence of the emerging recovery. New stores are opening, or under construction. Road projects and recreation improvements are underway. The nearby Honda plant has announced a new shift and 400 new jobs.

These positive signs locally reflect a Canada-wide trend towards recovery. For several months now, we have seen positive job growth numbers.

And the economy's output has grown. Last week we learned that the economy grew 0.6% in January, the biggest monthly increase since December 2006.

Canada has now benefited from five consecutive months of economic growth. The retail, construction and manufacturing sectors are showing real signs of recovery. Our Government's stimulus measures including tax cuts for families and businesses, have been a big part of this emerging recovery. Our investments in job-creating infrastructure projects have people at work all over York-Simcoe, and the rest of the country.

Canada is emerging from the recent global economic challenges better than nearly every other industrialized country.  But while we may be turning the corner, we are far from fully recovered.

That is why our recently announced Jobs and Growth budget maintains approved tax relief for businesses, reduces tariffs, and completes year two of Canada's Economic Action Plan. 

As your MP, my top priority remains jobs and economic growth. 

This is in contrast to the Opposition. Most of the time, they have ignored the economy, using Parliament to focus on other issues.

On the few occasions when the Liberals have talked about the economy, they have been talking about policies that would raise the GST, impose a carbon tax and recklessly hike job-killing business taxes.

But that's not surprising. The Liberals voted against all the tax cuts we introduced.

As our economy recovers, we will also focus on fiscal responsibility - cutting the deficit. Our plan cuts the deficit in half next year.

Canada is fortunate. Thanks to sound management, we have the lowest debt of all the major economies of the G-7. This advantage will become even more pronounced in the years to come.

That means that, over the long term, we can have lower taxes than most of our competitors around the world. And lower taxes on families means a higher standard of living for all hard-working Canadian families. That's real change for the better.

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