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February 1, 2009

Alternate Federal Budget

The Canadian Centre for Policy Alternatives (CCPA) has released Leadership for Tough Times: The Alternative Federal Budget Fiscal Stimulus Plan. The press release and link to the alternative budget are available on the CCPA web site at:
http://www.policyalternatives.ca/reports/2009/01/reportsstudies2065/?r_ID=71466

The CCPA routinely issues its own version of the federal budget as a means of offering alternative approaches to the ruling party's approach. According to the CCPA's alternative budget, this "one-year package would create 407,000 jobs, boost the economy by 3%, and help protect Canadians from the worst of a recession."

In line with recommendations by the IMF and OECD, the CCPA Plan would inject $32.9 billion (or 2.1% of GDP) into Canada’s economy. Designed "to protect Canadians who experience loss of income, as well as strengthen and build hard and soft infrastructure to address the challenges of climate change, income inequality, and aging populations" you be the judge on how it compares to the Conservative's federal budget on the Finance web site: http://www.budget.gc.ca.

Posted by Taxes.ca Editorial Team [permalink]

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