The Honourable Kevin Sorenson, Minister of State (Finance), today visited Regina and spoke to members of the business community about the Harper Government’s key priorities outlined in this week’s Speech from the Throne, and how they will build on the Government’s record of supporting private sector innovation to further create jobs, growth and long-term prosperity.
“Canada’s world-leading economic performance is testament to the tremendous talent and energy of Canadians,” said Minister Sorenson. “Canada’s strength among other industrialized countries underscores the effectiveness of our Economic Action Plan in transforming this talent and energy into jobs, growth and long-term prosperity.”
Minister Sorenson also highlighted the Speech from the Throne, delivered Wednesday, in meetings with government and community members. The Speech from the Throne outlined the Harper Government’s plan to build on the success of the Economic Action Plan with initiatives that create job opportunities, support and protect Canadian families, and put Canada first.
“After meeting with members of the Regina & District Chamber of Commerce, I am more confident than ever in the dynamism and expertise of Canada’s business community,” said Minister Sorenson. “Regina, like so many other communities across Canada, is helping to lift Canada out of the global economic recession. Our Government will continue to be guided by the belief in low taxes; prudent fiscal management; a thriving private sector that creates well-paying jobs for Canadians; safeguarding our communities; and believing that Canada is the best country on earth.”
In addition to outlining the Speech from the Throne, Minister Sorenson highlighted the significant progress made by the Government in expanding the use of public-private partnerships.
“Right here in Regina, for example, we are investing more than $58 million from the P3 Canada Fund towards the construction of the City of Regina’s new wastewater treatment plant project, which will not only improve the quality of life, but also create good local jobs and deliver value for taxpayer dollars,” said Minister Sorenson.
Minister Sorenson also referred to private-sector oriented initiatives to help ensure a strong and sustainable retirement income system and better retirement savings options for Canadians.
“Our introduction of Pooled Registered Pension Plans, or PRPPs, is a prime example of the sort of new innovative retirement savings products that can help Canadians save more effectively for retirement,” said Minister Sorenson. “PRPPs will significantly help small and medium-sized businesses and their employees in Saskatchewan who, until now, have not had access to large-scale, low-cost private pension options.”
