Ottawa, ON – Today, the Conservative Government launched an ambitious new federal budget focused on job creation and growth to support Canada’s economic recovery. The budget also included a disciplined long-term plan to return to balanced budgets.
“Our Conservative Government has been clear that it will not raise taxes or reduce transfers to the provinces in the years ahead,” said Blackstrap MP Lynne Yelich. “In fact, Budget 2010 confirms our Government’s strong support for Saskatchewan.”

Saskatchewan will continue to receive increased federal support through Budget 2010. Total transfers will hit almost $1.6 billion in 2010-11. This long-term support helps ensure Saskatchewan has the resources needed to provide essential public services including health care, post-secondary education, and other social services.

The Budget highlights three key objectives.

First, it confirms $19 billion in new federal stimulus under year two of Canada’s Economic Action Plan.

Second, Budget 2010 invests in a limited number of new, targeted initiatives to build jobs and growth for the economy of tomorrow, harness Canadian innovation, and make Canada a destination of choice for new business investment.

Third, it outlined a three-point plan for returning to budget balance once the economy has recovered. This includes ending the temporary stimulus measures as promised, restraining growth in spending through targeted measures, and additional restraint through an in-depth review of government’s administrative functions and overhead costs.

OTTAWA – Today, Her Excellency the Right Honourable Michaëlle Jean, Governor General of Canada, delivered the Government’s Speech from the Throne to open the Third Session of Canada’s 40th Parliament and outline the broad agenda of the Government of Canada. 

Canada is poised to emerge from the recession powered by one of the strongest economies in the industrialized world. The Government will focus on:

• Completing Canada’s Economic Action Plan to protect incomes, create jobs, ease credit markets, and help workers and communities get back on their feet.

• Returning to fiscal balance by winding down stimulus spending as economic activity rebounds and by restraining federal program spending overall while protecting growth in transfers that directly benefit Canadians, such as pensions, health care and education.

• Continuing to work on job creation and job protection, recognizing that too many Canadians are still looking for work, the Government is helping young Canadians entering today’s job market for the first time make the transition to work.

• Building the jobs and industries of the future by investing in Canadians’ skills and education, keeping taxes low, opening markets to Canadian goods and services, and creating the conditions for continued success of industries that are the foundation of Canada’s prosperity.