Government of Canada

Government of Canada

January 31, 2011 11:07 ET

Canada's Economic Action Plan Continues to Create Jobs and Economic Growth

MONTREAL, QUEBEC--(Marketwire - Jan. 31, 2011) - The Harper Government today released the Seventh Report to Canadians on the Implementation of the Economic Action Plan. The report was released in Quebec by the Honourable Christian Paradis, Minister of Natural Resources, on behalf of the Honourable Jim Flaherty, Minister of Finance.

"The Economic Action Plan continues to create jobs and economic growth with more than 26,000 projects underway or completed," said Minister Paradis. "With the economic recovery still fragile, our top priority will continue to be the economy."

The Report to Canadians says the Economic Action Plan is on track to deliver $28 billion in stimulus in its second year. This investment will provide long-lasting benefits to Canadians through a modernized, greener infrastructure, a renewed science and research base, a highly skilled workforce, lower taxes and a more competitive business environment.

"While the first phase of our Government's extraordinary response is nearing its end, our Economic Action Plan will continue to play an enormous role in achieving the economic potential of this country and increasing the living standards of Canadian families well into the future," said Minister Paradis.

Minister Paradis cited several key statistics to highlight the progress made in implementing the plan's first phase:

  • More than 26,000 projects have been completed or are underway under the Economic Action Plan. These projects have put Canadians to work across the country and have contributed to a strong labour market recovery, with close to 400,000 jobs created since July 2009.

  • Close to 85 percent of the jobs created since July 2009 have been full-time jobs, and more than 90 percent have been high-quality jobs in high-wage industries.

The Report to Canadians noted the Government has also shown flexibility in allowing its partners an additional construction season beyond the March 31, 2011, deadline to complete their infrastructure projects under four stimulus funds.

The report was released today at Concordia University in Montreal, Quebec, which received significant job-creating investments from the Harper Government. Minister Paradis toured the Centre for Structural and Functional Genomics building, an Economic Action Plan-funded facility that will house innovative high-technology laboratories for research in the areas of biomass conversion, cellulosic biofuels and alternative energy sources.

The Harper Government allocated funding of more than $14 million to expand the Richard J. Renaud Science Complex to house the Centre for Structural and Functional Genomics. This investment will provide long-lasting research benefits to Canadian families and businesses and further advance Quebec's robust knowledge economy.

For more information on Canada's Economic Action Plan and projects in communities across Canada, please visit www.actionplan.gc.ca.

Contact Information

  • Office of the Minister of Finance
    Annette Robertson
    Press Secretary
    613-996-7861
    or
    Department of Finance
    Media Relations
    Jack Aubry
    613-996-8080