Federal Budget 2009 Countdown

The most effective way for the federal government to help the Canadian economy is to reduce government spending and permanently decrease personal income and business taxes, says Niels Veldhuis, Fraser Institute senior economist.

Canadians would benefit tremendously from tax relief aimed at improving incentives to work, invest, and engage in entrepreneurial activities. Incentive-based tax relief would improve Canadas competitiveness and provide a solid foundation for a vibrant economy unburdened by increased government debt in years to come, Veldhuis says.

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