Improvements to the refundable tax credit for child care expenses, including an increase from $7,000 to $9,000 in the limit on child care expenses for a child under 7 years of age.

Recognition of the Youth Alternative Program for the application of the work premium supplement

Streamlining of the Québec education savings incentive (QESI)

Introduction of a ten-year income tax holiday for a new corporation dedicated to the commercialization of intellectual property

Introduction of a five-year royalty holiday for new natural gas wells

Extension to the forest and mining sectors of the refundable tax credit for manpower training in the manufacturing sector.

Improvements to refundable tax credits in the cultural field

Changes to the refundable tax credit for the development of e-business

Changes to the refundable tax credit for design.

Increase in the rate of the Québec sales tax (QST) from 7.5% to 8.5% as of January 1, 2011.

Major improvements to the SME Growth Stock Plan, which becomes the stock savings plan II

Temporary increase in the tax credit for the acquisition of shares issued by Fondaction.

Introduction of a refundable tax credit for the acquisition or lease of a new green vehicle

the deduction for loss of value of investments in an RRSP or RRIF after death

the increase in the small business limit from $400,000 to $500,000.  This will take effect March 20, 2009.

the time at which the acquisition of control of a corporation takes place to determine whether it is a small business corporation or a Canadian-controlled private corporation (CCPC)

the amendments pertaining to capital cost allowance applicable to certain assets

the withdrawal of the restrictions applicable to the deductibility of certain interest

new refundable tax credit for home improvement and renovation

	20% of eligible expenditures in excess of $7,500
	maximum credit $2,500
	for expenditures made by a contractor under terms of an agreement entered into after December 31, 2008 and before January 1, 2010
	expenditures must be paid no later than June 30, 2010

improvements to the refundable tax credit for Québec film and television production

	base rates of 29.1667% and 39.375% will be raised to 35% and 45%
	new increase of 10% introduced for certain Québec  film and television productions
	per film or per series capp on the tax credit, currently $2,187,500, will be eliminated
	maximum rate of the tax credit, currently 48.5625%, will be raised to 65%

Minister's statement, and

Explanatory document