Canada’s Economic Action Plan

January 28, 2009

Canada’s Economic Action Plan will help Canadians weather the global recession while securing and ensuring Canada comes out of the recession stronger than ever. Through Budget 2009 , we are taking action to help Canadian families and stimulate consumer spending. We are giving more tax relief, letting Canadians earn even more money before paying higher tax rates and we are also reducing the amount Canadian seniors are required to withdraw from their Registered Retirement Income Funds by 25 per cent for 2008.

I have been actively engaged along with Finance Minister Flaherty in extensive pre-budget consultations. We had meetings with individual Canadians, Members of Parliament from all parties, industry and stakeholders as we prepared this budget. I have also done numerous interviews and on January 26, I participated in a Q & A discussion mediated through the Globe and Mail concerning the recession and how this Government plans to guide Canada out of it..  You can see the discussion at the following address: http://www.theglobeandmail.com/servlet/story/RTGAM.20090123.wPOLdiscussion0123/BNStory/politics

Due to early action by our government over the past 3 years, Canada has entered this global recession later than most countries, and through prudent decisions made today, we aim to come out of this recession in a stronger position relative to other countries.  This has been the most comprehensive and inclusive pre-budget consultation in Canadian history, with direct input from literally hundreds of organizations and thousands of Canadians.  Our budget that was announced on January 27th  will help meet the needs of all Canadians in this difficult economic environment that is impacting the world.

Rest assured, that I will continue to work hard for my constituents and for the well being of Canadians.

Sincerely,
Ted Menzies, M.P.
Macleod