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.  

“We have been clear from the very beginning – the Conservative Government will not balance the budget on the backs of the provinces and hard-working Canadians. We will not cut spending on pensions or health care and education, and we will not raise taxes on Canadian families and businesses,” concluded Yelich.

For more information and how Canada’s Economic Plan benefits them, people are encouraged to visit www.budget.gc.ca