The following is excerpted from an 18 October 2012 news release by the Department of Finance Canada.

The Honourable Jim Flaherty, Minister of Finance, today introduced in Parliament Bill C-45, the Jobs and Growth Act, 2012. The Act implements key initiatives from Economic Action Plan 2012 to help grow Canada’s economy, fuel job creation and secure Canada’s long-term prosperity.

“With Canada achieving one of the strongest economic performances in the G-7 and over 820,000 net new jobs created since July 2009, our Government is on the right track for the Canadian economy and Canadian families,” said Minister Flaherty. “However, the global economy remains fragile, especially in Europe and the United States. That’s why we remain focused on supporting the economy with our pro-growth Economic Action Plan 2012.”

This release is available in its entirety at:
http://www.fin.gc.ca/n12/12-126-eng.asp