SYS-CON MEDIA Authors: Roberto Medrano, Dmitriy Stepanov, Gilad Parann-Nissany, Srinivasan Sundara Rajan, Sean Houghton

News Feed Item

Industry Minister James Moore Discusses Benefits of Economic Action Plan 2014 for British Columbia

Highlights initiatives to protect Canadian families while investing in innovation and research

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/14/14 -- Office of the Minister of Industry

Industry Minister and Minister Responsible for British Columbia James Moore today addressed members of the Vancouver Board of Trade to underscore Economic Action Plan 2014 and what it means for jobs and growth in British Columbia. Minister Moore highlighted measures that will help Canadian families, empower consumers and support sectors of the economy to foster jobs, growth and innovation. Economic Action Plan 2014 contains no new taxes for families and businesses and continues to ensure that government spending is as efficient and effective as possible.

Minister Moore outlined new tax relief measures that build on the government's strong record of lowering taxes for Canadian businesses and families. These tax relief measures put money directly into the pockets of Canadians, so they can invest in the economy and have more choices in how they live their lives.

Minister Moore discussed specific measures from Economic Action Plan 2014 including:


--  Introducing the Search and Rescue Volunteers Tax Credit, acknowledging
    the valuable contributions of search and rescue volunteers, such as the
    late Tim Jones of North Shore Search and Rescue

--  Supporting World-Class Physics Research by investing $222 million to the
    TRIUMF physics laboratory at the University of British Columbia to
    support world-leading research and international partnerships

--  Improving Broadband Internet in Rural and Northern Communities by
    investing $305 million to extend and enhance broadband service for up to
    an additional 280,000 Canadian households.

--  Increasing Competition in the Telecommunications Market by amending the
    Telecommunications Act to cap wholesale domestic wireless roaming rates

--  Supporting Families by enhancing tax relief for families adopting a
    child, removing the GST/HST on health care products and services, and
    expanding tax relief under the Medical Expense Tax Credit

--  Making Landmark Investments in Research and Innovations by committing
    $1.5 billion over the next decade for research at universities through
    the Canada First Research Excellence Fund

--  Standing Up for Victims of Crime by implementing the Victims' Bill of
    Rights and providing funding for a DNA-based missing persons index

--  Supporting the Forestry Industry by investing over $90 million in the
    Forest Industry Transformation program to advance cutting-edge
    technologies to enhance the competitiveness of Canada's wood products
    and pulp and paper sectors

--  Supporting Students and Interns by renewing the Computers for Schools
    program with a $36-million investment to continue to provide students
    and interns with computers, helping them get the skills they need to
    succeed in today's modern economy

--  Sustaining Canada's National Parks by providing over $390 million to
    Parks Canada to make improvements to highways, bridges and dams located
    in our national parks and historic canals across Canada, including
    repairs to the Trans-Canada Highway passing through Glacier National
    Park in British Columbia

--  Increasing Support for Health Care and Social Programs for British
    Columbia to record levels

Quick Facts


--  Canada is the only G7 country to have more than fully recovered business
    investment lost during the recession.

--  Over 1 million net new jobs have been created in Canada (of which over
    85 percent are full-time and nearly 80 percent are in the private
    sector) since the end of the recession in July 2009. This is by far the
    strongest job growth in the entire G7 over this period. Canadians have
    also enjoyed the strongest income growth in the G7.

--  Since 2006, our government has cut taxes nearly 160 times, reducing the
    overall tax burden to its lowest level in 55 years.

--  Our government's strong record of tax relief means savings of nearly
    $3,400 for a typical family of four in 2014.

Quotes

"Our low-tax plan is supporting businesses and families across British Columbia. Since 2006, our government has cut taxes nearly 160 times, putting $3,400 back into the pockets of hard-working Canadian families and helping job-creating businesses. Economic Action Plan 2014 will help create jobs, keep the economy growing and return Canada to balanced budgets. Our government is focused on what matters most to Canadians and, with the help of Canada's Economic Action Plan, British Columbia is well positioned to grow for many years."

- James Moore, Industry Minister

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today Isomorphic Software, the global leader in high-end, web-based business applications, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Isomorphic Software is the global leader in high-end, web-based business applications. We develop, market, and support the SmartClient & Smart GWT HTML5/Ajax platform, combining the productivity and performance of traditional desktop software ...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happe...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
SYS-CON Events announced today that Gridstore™, the leader in hyper-converged infrastructure purpose-built to optimize Microsoft workloads, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Gridstore™ is the leader in hyper-converged infrastructure purpose-built for Microsoft workloads and designed to accelerate applications in virtualized environments. Gridstore’s hyper-converged infrastructure is the ...
What do a firewall and a fortress have in common? They are no longer strong enough to protect the valuables housed inside. Like the walls of an old fortress, the cracks in the firewall are allowing the bad guys to slip in - unannounced and unnoticed. By the time these thieves get in, the damage is already done and the network is already compromised. Intellectual property is easily slipped out the back door leaving no trace of forced entry. If we want to reign in on these cybercriminals, it's hig...
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cloudian, Inc., is a Foster City, California - based software company specializing in cloud storage software. The main product is Cloudian, an Amazon S3-compliant cloud object storage platform, the bedrock of cloud computing systems, that enables c...