Next phase of Economic Action Plan begins with Throne Speech, Budget in early March

Ottawa, Ontario
30 December 2009

Prime Minister Stephen Harper today announced that the second and final phase of Canada’s Economic Action plan will be launched following the Olympic Games with a new Throne Speech on March 3 and a federal Budget on March 4.

“Our priority in the new session of Parliament will continue to be rapid and effective implementation of Canada’s Economic Action Plan to benefit communities, workers and businesses,” the Prime Minister said.  “At the same time, we are already looking ahead to future challenges.  These include restoring a balanced budget once our economy is fully recovered and building a strong foundation for our economic future.”

Almost a year ago – in the face of the deepest worldwide recession since the Second World War – the Government of Canada responded to extraordinary times with extraordinary action.  It introduced Canada’s Economic Action Plan, which included one of the most comprehensive stimulus packages in the industrialized world.

“While we see tentative, early signs that the economy is emerging from recession, the recovery is still fragile,” Prime Minister Harper said.  “Now is no time to change course.  In fact, we must press on with the second year of Canada’s Economic Action Plan.

“Our plan remains helping those who need it now, stimulating new job growth, protecting existing jobs and ensuring that our economy emerges from the recession in a stronger position than it entered it.”