Thursday, January 29, 2009
Reaction to the Budget
I believe that the budget has many positives and many negatives. Although it is Canada’s first action plan to fix its economy. One of their first actions is to help Canadians stimulate spending. This is going to be a long-term action plan, because even if we do manage to fix the economy, Canadians are still going to be very reluctant in fear of a another recession. By stimulating Housing Construction, more homes are being built, and as trust builds in the housing market, the baby boom echo kids are going to start buying their own houses. Building infrastructure, gives a solid foundation for Canada’s economy. As the President of Barack Obama had said, small businesses are the driving force of the economy, and therefore I believe that it is necessary to help small businesses and communities. However they are some unnecessary projects that they are working on like partnership between provinces and territories. Besides Alberta ( oil ) I believe that spending taxpayer money to streghten ties with other provinces is unnecessary.
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