A New Year and Recovery...
December 16, 2010

It’s been a tough year for many Canadians; we are all feeling the effects of the global recession. Through Canada’s Economic Action Plan, our Government took decisive steps to protect incomes, create jobs, erase credit markets, and help workers and communities get back on their feet.

Rising to the challenge of the worst economic downturn in half a century, everyone has worked together to help ensure a speedy, robust and durable recovery.

2011 promises to be a better year, jobs are being created and Canadians are going back to work, over 420,000 jobs have been created since July, 2009 and the unemployment rate has fallen to 7.6%.

The Economic Action Plan was designed to be a timely, targeted, and temporary plan to create jobs and support families, and it has done just that. Now nearly 90% of infrastructure projects under the Economic Action Plan are set to be completed by March 31, 2011.
These investments will help see us through the global recession and will lay the foundation for economic growth and prosperity for many years to come.
According to the Wall Street Journal Canada “has pulled through the downturn in better shape than most of its peers, with the healthiest banking system and strongest economic recovery in the Group of Seven wealthy nations. And that solid performance is fueling a growing assertiveness in a country often known for its reserve.”