Highlights of the Conservative
Economic Action Plan to Support
Business and Communities:
• Increasing the amount of small business income eligible
for the reduced federal tax rate of 11 per cent to $500,000
from the current limit of $400,000 as of January 1,
2009.
• Increasing access to credit for small businesses through
proposed amendments to the Canada Small Business
Financing Program and the Business Development Bank
of Canada.
• Providing $30 million over two years for the Canada
Business Network and $10 million to the Canadian Youth
Congratulations
Business Foundation.
• Allocating $200 million over two years to the National
to Budget Blinds
Research Council’s Industrial Research Assistance Program
to enable it to temporarily expand its initiatives for small
who won two awards,
and medium-sized businesses. Rookie Franchise of
• Introducing a temporary 100-per-cent capital cost
the year and the other for
allowance (CCA) rate for computers acquired after the Top 4 in North America.
January 27, 2009 and before February 1, 2011.
There are over 1000 Budget Blinds franchises in North
• Extending the temporary 50-per-cent straight-line America and 19 franchises inAlberta.
accelerated CCA rate to investment in manufacturing or
processing machinery and equipment undertaken in 2010
and 2011
Economic Development Alliance
of Southeast Alberta
• Providing over $440 million in savings for Canadian
industry over the next five years by permanently eliminating
tariffs on a range of machinery and equipment.
• Supporting farmers with a $500 million agricultural
flexibility program that will help the sector adapt to
pressures and improve its competitiveness.
• Investing $50 million over the next three years to
strengthen slaughterhouse capacity across Canada.
• Amending the Farm Improvement and Marketing
Cooperatives Loans Act to help make credit available to
new farmers, support inter-generational farm transfers, and
modify eligibility criteria for agricultural co-operatives
• Providing targeted two-year funding of $60 million
to support infrastructure-related costs for local and
community cultural and heritage institutions such as local
theatres, libraries and small museums.
• A new Clean Energy Fund that supports clean energy
research development and demonstration projects,
including carbon capture and storage.
• Improving the Government’s annual reporting on key
environmental indicators such as clean air, clean water and
greenhouse gas emissions with $10 million in 2009–10
C h a m b e r o f C o m m e r C e • a P r I L 2 0 0 9 1 3
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