Friday, December 2, 2011

Did You Know....?

That… The International Monetary Fund's annual review of Canada supports the Government's plan to return to balanced budgets in the medium term. Your Government is focused on what matters to Canadians – job creation and promoting economic growth. The IMF is maintaining its positive outlook for Canada thanks to our sound and stable economy, along with the positive measures taken in the Next Phase of Canada's Economic Action Plan: A Plan for Jobs and Growth. This is yet another example of Canada's global economic leadership, which includes: approximately 650,000 (net) new jobs created since July 2009 – the strongest job growth record in the G-7; The World Economic Forum, for the fourth consecutive year, ranking Canada's banks as the soundest in the world; Forbes magazine ranked Canada as the best place in the world for businesses to grow and create jobs; IMF and OECD forecasting Canada's economy will be among the strongest in the G-7 this year and next; and Fitch Ratings, Moody's and Standard & Poor's all give Canada an AAA credit rating. But Canada is not immune from the economic turbulence facing the global economy – especially from Europe and the United States. That's why your Government is working hard to implement the Next Phase of Canada's Economic Action Plan – and its job-creating measures like the Hiring Credit for Small Business. For more information: http://www.fin.gc.ca/n11/11-109-eng.asp
That… The Honourable Rob Nicholson, Minister of Justice and Attorney General of Canada, announced that Bill C-21, the Standing Up For Victims of White Collar Crime Act has come into force. This legislation provides tougher sentences for fraud which will help combat white-collar crime. Your Government is committed to keeping our streets and communities safe by getting tough on crime. The devastating impact of white collar crime is an unfortunate reality in many communities in Canada. That is why we are ensuring that individuals who perpetrate fraud face sentences that reflect the severity of their crimes. Your Government is listening to the concerns of victims of fraud and is helping them seek the restitution they deserve. We will continue to take tough action on white-collar crime and protect the safety and security of our communities. For more information: http://www.justice.gc.ca/eng/news-nouv/nr-cp/2011/doc_32662.html
That… Bank of Canada Governor Mark Carney has been named Chairman of the Financial Stability Board, an international agency dedicated to building a more resilient and efficient global financial system. We congratulate Bank of Canada Governor Mark Carney on his appointment as chairman of the Financial Stability Board. The Board was established in 2009 to strengthen financial systems and to promote the stability of international financial markets. It is the first time a Canadian has headed an international financial institution of such wide scope. His appointment is both a tribute to his personal qualities and a reflection on Canada's superior performance in monetary, fiscal and financial sector policy areas. For more information:
http://www.bankofcanada.ca/2011/11/press-releases/bank-of-canada-governor-mark-carney/
That… The Honourable Jim Flaherty, Minister of Finance, announced in the Economic and Fiscal Update that the Government is taking targeted action to support jobs and economic growth. Canadians gave your Government a strong mandate to stay focused on what matters – creating jobs and economic growth. That is why the Government is continuing to take action to support jobs and growth in the Economic and Fiscal Update. As part of the Economic and Fiscal Update, we are: reducing the increase in next year's EI premiums from 10 cents to five cents per $100 of insurable earnings; and continuing to protect Canadian jobs by extending work-sharing for up to 16 weeks. The Economic and Fiscal Update also highlighted other measures we are taking to create jobs and growth across Canada, including: rebuilding the fleets of the Royal Canadian Navy and the Canadian Coast Guard; investing additional funds to modernize and expand capacity at priority border facilities; and investing in maintaining and improving federal infrastructure. We are on track to eliminate the deficit in the medium term. However, we are not immune to the turmoil in the global economy. We will continue to be pragmatic and flexible given the ongoing financial crisis in Europe and the uncertainty in the United States. The Economic and Fiscal Update demonstrates, once again, that your Government's top priority is the economy and our low-tax plan to create jobs and growth. For more information: http://www.fin.gc.ca/n11/11-114-eng.asp

No comments:

Post a Comment