MP Joe Preston welcomes the new federal budget – Economic Action Plan 2013 – and its continued focus on job creation, economic growth, and long-term prosperity as good news for Elgin-Middlesex-London. The Plan, which will see Canada return to balanced budgets in 2015, keeps federal taxes at their lowest level in 50 years.
“While Canada has the best job creation record among all G-7 countries since the worst of the global recession with over 950,000 net new jobs, we recognize that the global economy remains very challenging,” said MP Joe Preston. “In Economic Action Plan 2013, our Conservative government remains squarely focused on the number one priority of Canadians, with a forward-looking plan to help create jobs and grow the economy in Ontario and across Canada.”
MP Joe Preston outlined that Economic Action Plan 2013 includes key measures to strengthen Canada’s economy, including:
- Increased skills and training support, including the new $15,000 Canada Job Grant, to help more Canadians find high-quality, well-paying jobs;
- Tax breaks for manufacturers who buy new machinery and equipment to stay competitive, and an extended ‘hiring credit’ for small businesses who create jobs;
- A record $70 billion federal investment in infrastructure across Canada, including roads, bridges, subways, rail lines, and ports;
- Major investments in research and technology;
- New tax relief for Canadians who give to charity, adopt a child, or rely on homecare services;
- Elimination of ‘import tax’ tariffs on everyday items Canadian families buy, like baby clothing, sports gear, and exercise equipment;
- And much more.
Economic Action Plan 2013 also confirmed the Conservative government’s continued all-time record support for hospitals, schools, and other important health and social services in Ontario. In fact, in 2013-14, federal transfer support to Ontario will be almost $9 billion higher than under the former federal Liberal government.
“We all remember the former Liberal government slashed transfers for health care and education. Our Conservative government rejects that shameful practice, and is protecting and growing transfers to help support the services that Ontario families depend on,” said Preston.
Joe Preston MP
Joe has served the riding of Elgin-Middlesex-London as the Member of Parliament since 2004, and re-elected in 2006, 2008 and 2011.
Joe is the Chair of the Procedure and House Affairs Committee; Joe is the Vice-Chair of the Commonwealth Parliamentary Association and is currently Canada’ s federal member on the International Executive Committee of the Commonwealth Parliamentary Association.
Joe and his wife Geri are franchisees of Wendy’s Restaurants and Boston Pizza. Prior to representing the riding of Elgin-Middlesex-London, Joe served the community on many local boards, advisory committees and as a local business leader. Joe continues to be active in the community including live theatre.
Latest posts by Joe Preston MP (see all)
- Government of Canada Provides Major Boost for Ontario Manufacturers - December 10, 2013
- Canada’s Gas Tax Fund Helping Municipalities in Elgin-Middlesex-London - November 22, 2013
- MP Preston Highlights Benefits for Elgin-Middlesex-London of Historic Canada-EU Trade Agreement - November 15, 2013
- Harper Government Protecting Women and Girls from Cyber and Sexual Violence - November 9, 2013
- Elgin-Middlesex-London MP Joe Preston helps launch housing and construction caucus - October 31, 2013