The Committee believes in the fundamental strength of Canada: its fiscal and monetary situation and outlook, its people, its businesses and its communities. We realize, however, that the nation is affected by a range of uncontrollable factors occurring in the rest of the world. While the Canadian economy performed well during the recent global financial and economic crisis — and is expected to continue to do so, particularly when compared to other developed countries — global economic, financial and fiscal uncertainties will affect the nation to at least some extent.

As presented in the five questions that informed our pre-budget consultations this year, the Committee believes that it is important that the nation have a sustained economic recovery and growth, that jobs be created for the benefit of residents and businesses, that needed actions are taken to address the aging of Canada’s population and skill shortages, that productivity improvements occur as contributors to growth and competitiveness, and that the various individuals, businesses and communities facing particular challenges are supported as they address their challenges.

From that perspective, and bearing in mind the importance of a sound fiscal situation, the Committee — in developing the recommendations presented in Chapter 6 — was mindful of the actions that are needed to support Canada’s people, businesses and communities. Ultimately, it is their strength that will determine the nation’s strength.