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GoC Focused on Jobs, Growth and Long-Term Prosperity With Economic Action Plan 2013 Act, No. 1

The following is excerpted from a 29 April 2013 news release by the Department of Finance Canada.

The Honourable Jim Flaherty, Minister of Finance, today introduced the Economic Action Plan 2013 Act, No. 1. The Act proposes to legislate key elements of Economic Action Plan 2013, including tax relief for investments in new manufacturing machinery and equipment, and indexing the Gas Tax Fund to offer stable, predictable funding for municipal infrastructure.

“While Canada has fared better than most in the aftermath of the worst recession in a generation, the global economy remains very challenging,” said Minister Flaherty. “Through the Economic Action Plan 2013 Act, No. 1 the Harper Government remains squarely focused on what’s important to Canadians, creating jobs and economic growth—while keeping taxes low and balancing the budget by 2015.”

This release is available in its entirety at:
http://www.fin.gc.ca/n13/13-064-eng.asp

Topic(s)

International Trade and Border Management

Information source

Global Affairs Canada (GAC)
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.