{"id":47508,"date":"2015-04-24T00:26:40","date_gmt":"2015-04-23T16:26:40","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=47508"},"modified":"2025-01-16T19:40:46","modified_gmt":"2025-01-17T00:40:46","slug":"mp-kent-hails-balanced-budget-low-tax-plan-for-jobs-growth-and-security","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/04\/24\/mp-kent-hails-balanced-budget-low-tax-plan-for-jobs-growth-and-security\/","title":{"rendered":"MP Kent hails balanced budget, low-tax plan for jobs, growth and security"},"content":{"rendered":"
\"(Left<\/a>
(Left to right) Canadian Prime Minister Stephen Harper, Thornhill MP Peter Kent, and Indian Prime Minister Narendra Modi (Facebook photo)<\/figcaption><\/figure>\n

Thornhill \u2013 The Hon. Peter Kent, MP for Thornhill says, “Tuesday\u2019s Economic Action Plan 2015, as outlined by Finance Minister Joe Oliver in the House of Commons, demonstrates the Harper Government\u2019s commitment to jobs and growth for Thornhill.<\/p>\n

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<\/p>\n

\u201cI am proud this budget benefits Thornhillers through future support for families, reduction of RRSP withdrawal amounts for seniors, an expansion of tax-free savings account limits, and support for much needed public transit and national security,\u201d\u00a0 Kent added.<\/p>\n

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<\/p>\n

The Economic Action Plan 2015 will see Ontario receive almost $20.4 Billion in federal transfers this year, an increase of $9.96 billion (or 88%) since 2006:<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Over $2.4 Billion through Equalization, an increase of $2.3 billion since 2006<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 $13.1 Billion through the Canada Health Transfer, an increase of $5.3 Billion since 2006<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Nearly 5 Billion through the Canada Social Transfer, an increase of nearly 1.8 Billion since 2006<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Public Transit Fund will grow to $1 Billion a year to support major public transit projects to reduce gridlock<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Small business tax rate will come down to 9% by 2019 reducing taxes for small businesses by almost 50%<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 An average family with children will receive $6,600 in tax relief and enhanced benefits per year<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Reduced minimum withdrawal for Registered Retirement Income Funds will permit seniors to preserve more of their retirement savings.\u00a0 A proposed new, permanent, non-refundable Home Accessibility Tax Credit for seniors and persons with disabilities<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Economic Action Plan 2015 proposes increases in National Defence\u2019s budget by $11.8 Billion over 10 years to ensure our Armed Forces continue to have what they need.\u00a0 We are also providing new funding to\u00a0 help counter violent extremism and terrorism<\/p>\n

MP Peter Kent concludes, \u201cWe\u2019ve kept our promise to Canadians to balance the budget in 2015, the first balanced budget since the Great Recession.\u201d\u00a0 It is a prudent and principled plan that will see Thornhillers better off, more secure and even more confident in our country\u2019s place in the world.<\/p>\n

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\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Thornhill \u2013 The Hon. Peter Kent, MP for Thornhill says, “Tuesday\u2019s Economic Action Plan 2015, as outlined by Finance Minister …<\/p>\n","protected":false},"author":44,"featured_media":47657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,483],"tags":[],"class_list":["post-47508","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-ca","category-politics","mauthors-press-release-2"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/47508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=47508"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/47508\/revisions"}],"predecessor-version":[{"id":284728,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/47508\/revisions\/284728"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/47657"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=47508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=47508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=47508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}