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Budget 2013 aims to spur rural Canada and cut deficit
Dauphin-Swan River-Marquette MP Robert Sopuck says Budget 2013 adds rural initiative and raises lifetime capital gains exemption by 50 000 to help farmers retire and transfer farms. It also doubles the farm loss deduction to 17 500, funds hog debt restructuring, and adds 350 million for grain farmers adjusting to open markets. A 14.4 billion 10-year infrastructure fund starts in 2014 with 4 billion for a National Infrastructure Fund and 10 billion for a Provincial Territorial fund. The deficit is forecast at 18.7 billion in 2013 with plans to eliminate it by 2015.
MENTIONED IN THIS ARTICLE
Dauphin-Swan River- Marquette
Robert Sopuck
Canada
Manitoba
Sopuck
Wester