TORONTO, ONTARIO--(Marketwired - May 14, 2013) - The Honourable Gary Goodyear, Minister of State (Science and Technology), today addressed attendees of PackEx 2013, Canada's packaging and processing industry trade show, and delivered opening remarks on the importance of innovation, the adoption of new technologies, and the benefits of government-industry collaboration to create jobs, growth and long-term prosperity.
"Our government remains committed to creating a favourable economic environment so that companies can grow their businesses and create jobs, growth and long-term prosperity," said Minister of State Goodyear. "We've lowered taxes, cut the corporate rate to 15 percent and removed the federal capital tax, and we are eliminating tariffs on machinery and equipment."
The Harper Government has established the right economic fundamentals to support Canada's manufacturers. This includes:
"In addition, investments in science and technology and an aggressive trade agenda are supporting our manufacturers in their efforts to commercialize great ideas and seek new markets," the Minister of State added. "For Canadian manufacturers to thrive, they will require ongoing breakthroughs, excellence in innovation and new production technologies."
Manufacturers are major contributors to the Canadian economy, employing approximately 1.8 million Canadians in a wide range of industries, including aerospace, automotive, forestry, interactive communications technologies, food processing and packaging.
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