Ottawa, October 18, 2012
The Honourable Jim Flaherty, Minister of Finance, today introduced in Parliament Bill C-45, the Jobs and Growth Act, 2012. The Act implements key initiatives from Economic Action Plan 2012 to help grow Canada’s economy, fuel job creation and secure Canada’s long-term prosperity.
“With Canada achieving one of the strongest economic performances in the G-7 and over 820,000 net new jobs created since July 2009, our Government is on the right track for the Canadian economy and Canadian families,” said Minister Flaherty. “However, the global economy remains fragile, especially in Europe and the United States. That’s why we remain focused on supporting the economy with our pro-growth Economic Action Plan 2012.”
The proposed Jobs and Growth Act, 2012 will bolster Canada’s economy and help improve communities across Canada with initiatives that build a strong economy and create jobs; support families and communities; promote clean energy and enhance neutrality of the tax system; and respect taxpayers’ dollars.
Build a strong economy and create jobs by:
Support families and communities by:
Promote clean energy and enhance neutrality of the tax system by:
Respect taxpayers’ dollars by:
“Ongoing global economic turbulence and competition from emerging economies mean the Government must act now to build a stronger economy,” said Minister Flaherty. “Delaying needed economic and fiscal reforms would only serve to lead Canada down the same road as the troubled European and U.S. economies.”
Office of the Minister of Finance
Department of Finance