Mr. Speaker, Canada's economic action plan 2012 was tabled yesterday. In that context, a number of things are worth noting.
Canadians will pay less in taxes to the federal government than they have in decades and our fiscal position remains the envy of the world.
The Waterloo region benefited greatly from previous budgets. A new Quantum Nano-Centre, the Institute of Food Processing Technology and the high-tech business incubator are some of the strategic investments that will pay dividends for decades.
I consulted my constituents in the lead up to yesterday's budget. Municipal leaders sought a long-term plan for infrastructure renewal. Employers hoped that we could reduce their red tape burden. Emerging entrepreneurs asked us to preserve and improve the focus of vital programs, like SR&ED and IRAP. I asked the Minister of Finance to invest in suicide prevention.
On all of these items, the budget delivered.
On behalf of my constituents, I must offer thanks. Under this government, Canada and the of Waterloo region have the fundamentals in place for long-term prosperity.