Mr. Speaker, the budget released yesterday shows the prudence and wisdom of the government in managing the fiscal affairs of Canada. In this time of economic downturn and international insecurity the government is able to provide for economic and personal security for Canadians because of its sound economic policies.
The budget has provided the resources necessary to combat the threat of terrorism. New spending on security will come to $7.7 billion. This includes $2.2 billion for airline security and $1.2 billion for border security.
We have provided a stimulus package to the economy that includes $2 billion for new infrastructure spending and $1.1 billion over the next three years for research and training. The government has kept its commitment to the $100 billion reduction of personal taxes which includes a $17 billion reduction this year and $20 billion next year.
The budget is the right budget at the right time and it was made possible by the sound policies of the government.