Passing the Jobs, Growth and Long-term Prosperity Act (June 15, 2012)

June 15, 2012

O T T A W A – This past week my colleagues and I sat in the House of Commons for over 24 straight hours of voting in order to pass Bill C-38, the Jobs, Growth and Long-term Prosperity Act, through the Report Stage.

This Budget as part of Economic Action Plan 2012 is absolutely crucial to Yellowhead and to Canada moving forward as it takes responsible action to grow the economy now and over the long-term, while keeping taxes low and returning to balanced budgets.

Craig Alexander, TD Economics chief economist noted, “When combined, the various measures included in (Budget 2012) are aimed at improving productivity and boosting private sector growth … In addition to being fiscally prudent in the medium-term, the government is taking action to pursue fiscally sound policies for the long run.”

As Canadians, we are fortunate to hold a different level of financial security than other citizens of the world and today, we are in a stronger position for economic growth and long-term prosperity.

In the past two years, your Government has already cut Canada’s deficit from the recession in half and our economy has created nearly 760,000 net new jobs since July 2009.

Nevertheless, the global economy is fragile and challenges remain – as witnessed by ongoing events in Europe. Canada is not immune to these global challenges.

However, throughout the extended parliamentary process – the longest debate at Second Reading ever, the fifty hours of Finance Committee hearings, plus the Special sub-committee – the Opposition has proven that they are all games and no substance.

The Opposition came up with numerous futile attempts to kill the Jobs, Growth and Long Term Prosperity Act. Their stunts and delays are a poignant demonstration of the challenges faced by job creators in the real world.

The Opposition combined forces to submit 871 amendments with the sole focus of delaying passage of this important bill. The Speaker whittled this down to 157 votes.

This behavior is not surprising considering their links to radical activists who use delay as a weapon to fight their war against natural resource development projects; projects that create jobs and growth in communities right across Canada including at home in Yellowhead.

Nonetheless, despite the Opposition’s stunt to extend the voting, the Jobs, Growth and Long-term Prosperity Act will pass and this is excellent news for all Canadians.

Economic Action Plan 2012 takes important steps to address global challenges and help take advantage of the opportunities of the global economy, while ensuring sustainable social programs and sound public finances for future generations.

While the over 24 hours of voting was tasking at times, I am always proud to stand and vote for what is best for Yellowhead and Canada. With the coming passage of Bill C-38, your Government has paved a path towards long-term prosperity for our great country for years to come.

For more information on Economic Action Plan 2012 please see, http://actionplan.gc.ca/

 

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