80% of action plan to stimulate economy
is already implemented

(Ottawa) June 12, 2009 – Merv Tweed, MP for Brandon-Souris was pleased with the Prime Minister’s progress report on the Government’s Economic Action Plan.  The efforts to accelerate investments in Canada are 80% complete only 72 days into the new fiscal year.

“I am satisfied our Government has done everything possible to keep our economy the strongest in the world, create opportunities for employment and provide support to those hit by the global recession,” said Tweed.  “The huge commitment to infrastructure in all regions will continue to create economic stimulus throughout the next two years.”

The Government’s Economic Action plan is already:

• permanently reducing the tax burden on Canadians;

• providing tax relief and improved access to financing for Canadian households and businesses;

• assisting unemployed workers through extended EI benefits and improved skills training;

• supporting home ownership and creating jobs through housing construction;

• creating jobs through a massive injection of infrastructure spending;

• supporting the industries and communities hardest hit by the global recession; and

• investing in the jobs of tomorrow through new supports for research and technology.

The report highlights Canada’s financial position as the strongest of any G-7 country.   The International Monetary Fund has been quoted as referring to Canada’s Economic Action Plan as “timely, appropriately sized, diversified and well structured.”

“In tough times, we must make tough decisions but it is the priority of our Government that we deliver timely, targeted and affordable support to the people, families and business in our country,” commented Tweed.  “This ensures help gets to the Canadians that need it most.”

For more up-to-date information on the progress being made on Canada’s Economic Action Plan, visit www.actionplan.gc.ca