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PRIYA SHARMA
Century 21 Signature Realty
#207, 2920 Calgary Trail NW, Edmonton, Alberta
P: 780-485-2100
F: 780-485-2180
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Friday, March 5, 2010 - Budget 2010 - Budget Highlights

2010 Budget Highlights

• $19 billion in stimulus measures

• planned spending to be cut by $17.6 billion over five years

• $53.8-billion deficit cut in half in two years

• $1 billion for training programs for workers

• $55 million for youth employment

• $40 million for older workers

• $180 million for aboriginal skills training

• Maximum length of work-sharing programs increased to 78 weeks

• $1.6 billion for employment insurance benefits

• $3.2 billion in personal income tax relief

• $4.1 billion for social housing

• $30 million for First Nations education

• $1 billion over five years for Clean Energy Fund

• Universal Child Care Benefit for single parents adjusted

• EI reform for military families

• $2.2 billion for communities hard hit by economic downturn

• New Red Tape Reduction Commission

• Making Canada a “tariff-free zone” for manufacturers

• Freezing the salaries of the prime minister, MPs and senators

• Planned spending for military is cut by $2.5 billion over three years

• Foreign aid rises to $5 billion this year and is then capped

• $1.9 billion for post-secondary education

• A national securities regulator within three years

• Code of conduct for credit and debit card industries

• $48 million for medical isotope research

• $300 million for Atomic Energy of Canada Limited and the Chalk River Laboratories

• New bank notes and coins

• $62 million for elite athletes and amateur sports

• A new civilian complaints commission for the RCMP

• $10 million over two years to address the high number of missing and murdered aboriginal women

• Cosmetic procedures cut from Medical Expense Tax Credit




posted in News at Fri, 05 Mar 2010 07:53:33 -0700



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PRIYA SHARMA
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