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Monday, May 05, 2008

Real Leadership. Real Results for the Economy.

With increasing uncertainty in the global economy, it is essential that Canada has its own economic fundamentals right.

Thanks to real leadership and real action from Prime Minister Stephen Harper and the Conservative Government, Canada’s economy now has a strong foundation to grow and succeed, regardless the economic news from other countries.

Over the last three budgets, the Conservative Government has dedicated half of its available fiscal room to reducing taxes for Canadians; we have split the remainder evenly between debt pay-down and new investments in key priorities for Canadians.

Lower taxes not only put more money back into Canadians’ hands, they strengthen our economy and put Canada in a globally competitive position. Today Canadians benefit from $60 billion in new broad-based tax relief for individuals, families and businesses. This includes the two-point cut in the GST, a tax cut which benefits all Canadians.

Thanks to these lower taxes, balanced budgets, and strategic investments, Canadians can be confident that our future is bright. Today, we’re in the best financial and economic position of any G-7 country. Inflation and interest rates remain low and stable. Personal disposable income has been rising steadily. Net employment has increased by over three quarters of a million jobs since our government took office, including 43,000 jobs last month alone. In fact, the national unemployment rate is the lowest it’s been since 1975.

For all that we have to be proud of, Canada’s future economic growth could be at risk. With the United States, our closest trading partner, facing considerable economic challenges, Canada cannot leave our economic well-being to Stéphane Dion’s weak leadership and lack of priorities.

Mr. Dion is addicted to new spending; his spending promises to date would plunge Canada at least $62.5 billion deeper into debt. Stéphane Dion has already hinted that he would hike the GST. Now he is talking about increasing gas taxes as well.

The choice between Prime Minister Harper and Mr. Dion is clear. Prime Minister Stephen Harper and the Conservative Government are delivering real leadership and real results for Canadians, including lower taxes and a balanced budget.

Stéphane Dion is promising higher sales taxes, higher gas taxes, and billions in new debt. In a time of global economic challenges, the Stéphane Dion Liberals are not worth the risk.
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