September 10, 2010
Did You Know...? - Edition 57
Did You Know That… The World Economic Forum released its annual Global Competitiveness Report confirming once again that Canada’s banking sector is an example to the world. For the third straight year, the World Economic Forum has ranked Canada’s banks the soundest in the world. A World Economic Forum official states that “At a time when many countries are struggling with weak financial institutions and macroeconomic stability, these are areas where Canada remains a world leader, retaining its number 1 rating for the perceived strength of its banks for the third year in a row.” During the height of the global recession, while countries around the world were spending billions bailing out their banks, Canada did not use a dime of taxpayers’ money to bail out our banking sector. The strength of our financial sector is the result of sound regulation and responsible lending practices. It’s no wonder that leaders around the world have praised Canada’s financial system as a model for others to emulate. Canada’s economic leadership is clear: Home to the soundest banks, steady economic growth and almost 400,000 jobs created over the past year.
Did You Know That… Heritage Minister James Moore was in Toronto announcing that Canada and India are launching negotiations that will ultimately allow Canadian and Indian film and television producers to pool creative, technical and financial resources to co-produce film and television projects. These negotiations with India are an important step in your Government’s commitment to positioning Canadian film and television at the forefront of the international industry. We are strengthening Canada’s relationship with India and supporting further collaboration between our film and television industries. Canadian filmmakers are on par with the best in the world, and your Government is committed to helping our filmmakers market their talents and productions to the world by giving them the right tools and environment to succeed. International co-production promotes Canadian culture and talent abroad while strengthening our ties with other countries. Co-production has been on the decline ever since the previous government imposed a moratorium in 2000. Your Government is standing up for our film and television industry – an industry that is worth over $2 billion a year – by giving it the tools that will allow it to once again compete on the international market. For more information: http://www.canadianheritage.gc.ca/pc-ch/infoCntr/cdm-mc/index-eng.cfm?action=doc&DocIDCd=CJM101179
Did You Know That… National Defence Minister Peter MacKay and Minister of Veterans Affairs Jean-Pierre Blackburn announced that Canadian Forces Bases Bagotville in Quebec and Cold Lake in Alberta would be the homes of Canada’s new Joint Strike Fighter F-35s. The recent announcement of the purchase of sixty-five F-35 Lightning II aircraft is the realization of one of your Government’s key commitments under the Canada First Defence Strategy. The F-35 purchase will ensure we can protect and patrol our own borders, while bringing unprecedented economic benefits to Canadian businesses across the country. For the communities surrounding the two bases, and for the many Canadian Forces members who work and train within them, this announcement provides a welcome stability and ability to plan for the future. The addition of the F-35s to the two bases will help personnel stationed there protect the safety and security of Canadians well into the 21st Century. There can be no doubt, the F-35 Lightening II fighter fleet is the best option for Canada. For more information: http://www.forces.gc.ca/site/news-nouvelles/news-nouvelles-eng.asp?cat=00&id=3544 or http://www.forces.gc.ca/site/news-nouvelles/news-nouvelles-eng.asp?cat=00&id=3545