The Government is focused on boosting economic growth and job creation—innovation, investment, education and skills. Economic Action Plan 2012 will support jobs and growth by:
- Making major investments of over $1 billion to support science and technology.
- Providing $500 million to spur the growth of innovative start-up companies.
- Ensuring responsible resource development by moving to “one project, one review” within a clearly defined time period for major economic projects while continuing to protect the environment.
- Opening new markets and expanding international trade, bringing Canadian goods to the world.
- Extending the Hiring Credit for Small Business for one year to make it more attractive for small businesses to grow and hire more workers.
- Providing $150 million over two years for the new Community Infrastructure Improvement Fund.
- Providing $5.2 billion over 11 years to renew the Canadian Coast Guard.
- Better focusing Employment Insurance on promoting job creation by removing disincentives to work and supporting unemployed Canadians by connecting them more quickly to jobs.
- Providing $275 million over three years to support First Nations education and build and renovate schools on reserve.
- Building a fast and flexible economic immigration system to attract immigrants with the skills and experience our economy needs.
For further information visit the Department of Finance website