Canadas Economic Action Plan is grounded on the need for the achievement of higher productivity, enhanced economic performance, and improved quality of life. In this regard the policy maker in the economic front ought to devise a number of policies focused on increasing the responsibility, freedom, and resources that are in the hands of individual persons, families, business entities, and non-governmental business entities. The second objective of these policies should involve the implementation of tax reform and spending measures that will increase significantly the percentage of GDP that is held by individual persons, families, business entities, and non-governmental business entities. A reasonable percentage increase might be a 67% increase from the current level or two-thirds of GDP in course of the next six years (Action Forex, 2010). Prudent spending is one such policy which in this case should entail reducing federal instructions in sectors like healthcare that has been going on, this is due to the fact that this intrusion are the ones that have occasioned the imbalance that is being blamed on slightly higher cost burden to the government.
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