Infrastructure Canada

Infrastructure Canada

January 27, 2010 11:18 ET

The Harper Government Marks the One-Year Anniversary of Canada's Economic Action Plan

OTTAWA, ONTARIO--(Marketwire - Jan. 27, 2010) - To mark the first anniversary of the launch of Canada's Economic Action Plan, Canada's Transport and Infrastructure Minister John Baird today highlighted the progress made in rolling out the extraordinary two-year stimulus plan.

"One year ago today, our Government took bold and decisive action to introduce a Canada's Economic Action Plan," said Baird. "This two-year plan is helping to stabilize the economy today, and we'll continue to move full steam ahead until it's complete." 

Canada's Economic Action Plan is the Government of Canada's response to the deepest global recession since the Second World War – a $62-billion shot in the arm to the economy. The plan is resulting in:

  • Job Creation. Funds have been committed to more than 12,000 projects across Canada, with over 4,000 projects under construction and thousands more ready to begin.
  • Support for Canadians who need it most. By extending Employment Insurance, nearly 400,000 Canadians are receiving additional EI benefits.
  • Training for workers. As of December, more than 90,000 Canadians were receiving training through funds flowing to provinces and territories.
  • Consumer confidence. An estimated 4.6 million Canadian families will benefit from the Home Renovation Tax Credit, which expires on January 31.
  • Tax Relief. Since January and through to 2015, Canadians will receive more than $20 billion of tax relief.

Minister Baird also reiterated that the year ahead will also involve planning for Canada's long term economic growth. 

"Our Government has been clear: the next budget will be tabled on March 4th, 2010. It will focus on implementing the second phase of Canada's Economic Action Plan, on bringing the budget back into balance and reducing the deficit, and on ensuring a strong economic recovery," he said.

Contact Information

  • Office of Canada's Transport and Infrastructure Minister
    James Kusie