MP Davidson says budget will have ‘no new taxes, no cuts to health or education funding’

Business, Feature, Health, Sarnia — By on February 11, 2012 at 11:29 am

Sarnia-Lambton MP Pat Davidson says there will be no new taxes or cuts to health or education funding in the upcoming federal budget.

Davidson gave few hints as to the contents of the Conservative government's budget document, but did hint that a federal program designed to spur research investments will continue.

Asked specifically whether the government would extend the Scientific Research and Experimental Development program, Davidson said the government has been listening to those who want the tax credits kept. The SR&ED program gives claimants cash refunds and/or tax credits for their expenditures on eligible R&D work done in Canada.

In addition to reviewing the federal government's record on issues such as crime, job creation and border protection, Davidson clarified the Conservatives' plan to review Old Age Security benefits.

"There's a lot of fear-mongering going on," said Davidson. "The fact is, the government is committed to retirement security of Canadians and ensuring that seniors maintain all the benefits they have. Those that are collecting Old Age Security now will continue to do so. And the Canada Pension Plan is fully sustainable for the next 75 years."

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