AJAX-PICKERING -- The Ajax-Pickering Board of Trade identified positive steps being considered by the Federal Government as plans for the 2009 budget were discussed in Finance Minister Jim Flaherty's economic statement today.
"The Federal Government recognized in their economic statement the importance of jobs, investing and giving support to help businesses grow" said Board President Don Terry. "Our Board of Trade leadership is confident that in the face of challenging times there are also many opportunities for real success that our members and businesses right across Durham are positioned to seize."
Minister Flaherty stated the need for the government to protect Canada's long-term fiscal position, in order to position the country for future balanced budgets.
"Our members have stressed the need for governments to balance their budgets, so we welcome news that federal officials maintain that goal going into difficult economic times," Mr. Terry said.
Also of consequence to Board members is the intention of the government to continue investing in our infrastructure. Next year's increase in infrastructure spending, to $6 billion, is welcome news if it helps provide support to Durham's needs.
And Minister Flaherty's statement that reduced government spending is being considered, as long as it is not drastic, is wise at this time, says the Board president.
"Our members are always supportive of government being operated efficiently and effectively like a good business," Mr. Terry said. "Of course those good practices should garner even greater focus during challenging economic times."
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