Canada's Economic Action Plan
- The stimulus phase of the Economic action plan had over 30 000 projects completed, which contributed to a strong labor market recovery and many new jobs were created.
- The Government strengthened Employment Insurance (EI) benefits and froze EI premium rates in 2010. In 2011 and 2012, EI premium increases were limited to 5 cents per $100 of insurable earnings.
- The Government extended the deadline for infrastructure projects under four Economic Action Plan funds from March 31, 2011 to October 31, 2011.
- It is estimated that almost $3.5 billion was spent in the 2011–12 fiscal year as a result of the Government's prudent management.
- The next phases focused on Canada’s growth, and fiscal sustainability.
Ebb & Flow of Liberal Economic
This plan represent a left wing move by the Canadian government, spending tax dollars in order to create more jobs and provide its citizens with employment insurance.