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Text of Finance Minister Flaherty's budget speech

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The challenge of our time

Globe and Mail Update - Tuesday, January 27, 2009 at 11:25 EST

A laid-off retail manager, a self-employed consultant, a young mother and a small businessman reflect on the recession as Finance Minister Jim Flaherty delivers the budget

THE CANADIAN PRESS

OTTAWA Jim Flaherty: It is Canada's plan to stimulate our economy, to protect Canadians during the global recession, and to invest in our long-term growth.

It is Canada's response to the challenge of our time.

The crisis we face

Since last fall, the global economic situation has deteriorated further, and faster, than anyone predicted.

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