Budget gets thumbs up from business groups
Jim Flaherty. Andre Forget/QMI Agency
OTTAWA - The guy with the biggest smile on his face after reading the 2013 budget is an economist named Jay Myers, the CEO of the Canadian Manufacturers and Exporters (CME), one of the country's biggest and most influential business lobby groups.
CME got everything it wanted in Finance Minister Jim Flaherty's budget, including a $1.4 billion tax break for businesses that invest in new machinery and equipment.
Corporate Canada is also thrilled that they'll get to call the shots - and help pay for -- new skills training programs they say will help fill vacant positions in factories across the country.
"This is very good news for companies creating jobs in Canada, investing in our communities, and developing and selling world-class products and services around the world," Myers said.
The Canadian Council of Chief Executives, another industry lobby group, was also pleased though it said Ottawa could do even more on skills training.