OTTAWA, ON – David Tilson, Member of Parliament for Dufferin-Caledon, voted in support of the 2009 Federal Budget on Tuesday night, in Ottawa. The Budget was introduced by Minister of Finance, Jim Flaherty, on January 27, 2009.

Following the vote, Mr. Tilson was available for comment, “The quick passing of the 2009 Budget allows our Government to deliver important economic initiatives needed to stimulate growth across Canada. It also provides support for the families of my riding and across Canada by reducing taxes, which will build a solid foundation for economic growth, job creation, and higher living standards.”

Budget 2009 delivers $20 billion in income tax relief over this year and the next five fiscal years. Other tax measures in Budget 2009 include: increasing the basic personal amount to $10,320 for 2009 from $9,600 in 2008, allowing individuals to earn more income before paying federal income tax; raising the level at which the National Child Benefit supplement for low-income families and the Canada Child Tax Benefit are phased out, providing a benefit of up to $436 for a family with two children; and providing up to an additional $150 of annual tax savings for low- and middle-income seniors through a $1,000 increase to the Age Credit amount. 

“Thanks to the responsiveness of our Government, Ontario will also now receive what it needs, such as its share of $4.5 billion over two years for significant infrastructure projects,” said Mr. Tilson.

Ontario will also benefit from Budget 2009 as it includes measures to take action to stimulate housing construction, improve access to financing for businesses, and helps those hardest hit by the economic downturn.