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On track for prosperity

July 18, 2013   ·   0 Comments

Dear editor:

This spring, our Conservative Government delivered our latest Budget – Economic Action Plan 2013. I’m pleased to share with you how we are staying focused on jobs, growth and long-term prosperity.

A key focus of the Budget addresses the growing gap in labour opportunities for skilled workers. We’re working to ensure Canadians have the skills training needed to acquire in-demand jobs. The signature program announced in the Budget is the new Canada Job Grant. It will provide a maximum of $15,000 ($5,000 max. federal contribution), and is an innovative way to provide training for current jobs. In addition, we are investing in roads, bridges and public transit through the new Building Canada Plan; a $70 billion investment over the next 10 years. We will also remain steadfast in our commitment to balance Canada’s budget by 2015.

Economic Action Plan 2013 also invests in Growing Forward 2, which supports innovation, competitiveness and market development for Canada’s agriculture sector. As part of Budget 2013, we are delivering a number of new measures to support farmers including increasing and indexing the lifetime capital gains exemption to $800,000 and making it easier for individuals to plan for their retirement and transfer their family farms to the next generation. We are also helping part-time farmers by doubling the current deduction limit under the restricted farm loss income tax rates from $9,750 to $17,000. Finally, we’re investing significant research dollars – $165 million in Genome Canada for research to help develop new technologies for the agriculture sector.

Our Government is focused on helping our economy create jobs and growth. Investing in the Canadian farming and agricultural sector will help grow our economy and keep us on the right track towards long-term prosperity.

Dr. Kellie Leitch

MP Simcoe–Grey

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