Community Newspapers and Magazines, New Media Fund and Television Fund
All of these appear to have potential merit.
Sport is too big for me to analyze as it refers to $650 million for the 2010 Olympics and I don't know enough about the spins offs there.
Tourism I have written on some already, and think their direction is off the mark, especially investing in Historic sites, Campgrounds, and Cruise ship facilities. That's not going to alter the fortunes of the tourism operators significantly. Better to work with Domestic and International Airlines to offer deals on flights to Canada and with hospitality operators on package deals. Some really good ad campaigns too.
Utilizing existing tourism infrastructure to attract domestic and international interest would be more effective use of this money. Promoting currency advantage is another reasonable option. Looking into the traditional spiking of fuel prices during summer months is something else that would have a significant impact. If oil prices stay reasonably close to present levels, government efforts could keep this from becoming a deterrent like last summer. Getting on big oil now to push them toward responsive production levels and pricing will encourage activity rather than discourage it. A small temporary reduction in fuel taxes could be an incentive too.
Improving Canada's competition and Investment frameworks section isn't written in specific terms.
Environment and Green Energy Technology.
The focus there is clearly on carbon capture and is expanded to coal. Supposedly there is $1 Billion in new money for alternative energy but that is stretched over 5 years. The government claims this will result in $2.5 Billion total investment over that time frame.
The intent seems reasonable, the time frame too long and the amount short in my view.
On Nuclear, $351 million for the Candu reactors and Chalk River would seem a positive item.
Supporting Small Business
Raising the base amount eligible for reduced federal tax rate is ok, not earth moving though. As it represents total tax reductions of $45 million for 09/10, and $80 million for 10/11, it is very little. There appears to be an additional $240 million, some for assisting young persons create new businesses. The bulk of the remaining money is to go for information and advice plus create approx. 1000 positions for students entering this workforce.
Looks like opportunity for a lot of well paid advisors and consulting firms. I can see the pink of their snouts.
Helping all Regions to prosper will be next. In the meantime, here's the link that goes with this again.
This page from CBC has a great deal of budget related items as well if you haven't seen it yet. There is a section on the right with analyses.